Considering what's going on in Vancouver and Toronto with respect to residential real estate, TFSA after-tax contributions look like a footnote.

See the article:  "Housing talk gets louder and angrier in Vancouver" published on April 27 this year in this paper for some interesting commentary,...to quote from the article:  "from consultant Richard Wozny who has been a key player in Vancouver’s development industry for 33 years and he just wrote a report: Low Incomes and High House Prices in Metro Vancouver. Mr. Wozny has, as he puts it, worked endlessly to make wealthy developers wealthier. "

"He’s studied the situation and has come to several conclusions: that more supply is nothing but fuel for the unaffordability crisis; that house values that are wildly disproportionate to incomes indicate a high level of tax evasion; that government is failing to institute fair tax regulation to ensure infrastructure needs are met; and that all this “growth” is simply not paying for itself."