Anecdote and opinion extracted from ‘Chinese Spreading Wealth Make Vancouver Homes Pricier Than NYC’, by Hui-yong Yu and Christopher Donville, 17 May 2011, at bloomberg.com : “Cecilia Huang, a Canada resident since 2003, also is concerned about rising prices. “I hope the government can do something to control the price” so younger generations can buy, said Huang, who paid almost C$1 million for a condo in the Westside’s Kitsilano neighborhood two months ago so her daughter, now aged 6, could attend school nearby. She couldn’t afford a house and prefers apartment living because she doesn’t like yard maintenance. She also likes the views from her sixth-floor condo.”
Fueling a market by buying into it while at the same time hoping it moderates. Vancouver RE participants are overwhelmed and confused by the market action. – vreaa
Vancouver Real Estate Anecdote Archive 
Large order of cognitive dissonance, to go, please.
I think the government has done more than enough. Now if they just stopped “improving” the housing market and abolished the CMHC…