Baby boomer and home owner here hoping for the crash. We are not all in the alright jack camp, most of our friends feel the same way as my husband and I. We love it here and hate what has happened to it and worry for the future of our son and his generation and all the other people who have been screwed over by every level of government.  We are not going anywhere and our house is where we live, not a piggy bank. 

 I have been furious about this issue for several years now and have nearly worn out my keyboard writing to politicians of every stripe.   Rather than the foreign buyers tax they should make it mandatory that you prove your income is earned in Canada and that you pay full Canadian income tax.   There are too many people with citizenship and PR status who are not "foreign" but their money is.  This should go for all types of property not just housing stock.