Wente's gift basket from the CREA should be arriving shortly.

She is mostly right on the rent control front, but also proposing no solutions of her own to the affordable rental units problem.

And the is taking the real estate lobby party line on the housing market.  Supply problem only?  Lets just accept that at face value, and pretend that there is no way for Toronto to increase supply without developing farmland ...    You still have people speculating in this market, rather a lot of them (both foreign and domestic).  So what happens when you pile irrational demand on top of a supply problem?  Supply is slow to fix.

As for foreign buyers "only being 5%" of the market, that's not an insignificant amount.  How much they are driving prices is open to argument, but again, she argued a supply shortage.  When there are not enough homes to live in, do you want 1 in 20 vacant due to speculation or being a part time property?