Isn't a house a place to live in? Why is it seen as an "investment" when it doesn't produce anything? Maybe an investment, like buying broccoli is an investment in my health, buying a house is an investment in my life. Do you pay capital gains on it? I really don't understand how someone can look at a primary residence like a stock or business. It really should be treated as a car (people still buy cars instead of rent them, pay to get them fixed etc). If houses just matched inflation that would be the ideal scenario. Build equity and protect funds against inflation. I see so many people celebrating about how much their house is worth. And then I ask - "So when are you selling?" and they laugh. 

One of two things needs to happen. Either houses are no longer treated as "investments" or houses are treated like "investments". Privatize CMHC, do not set interest rates at the federal level, and tax all capital gains. Treat rental income the exact same as dividend income.