Not that I don't have sympathy for the young ones (I have three up and coming young adults myself), however, I still maintain that if you want to claim you are a world class city (as Toronto so often does), you get world class real estate prices.  All you have to do is look at New York, London or several others and you will see what a bargain Toronto is.  I don't like it when the government fiddles with the market (any market) and uses trumped up excuses (foreign buyers are taking over the world!) to rationalize their actions.