I disagree completely.  

Markets (including housing) should be allowed to operate normally and without incompetent government meddling.  The affordability of Vancouver and Victoria should make outlying communities more attractive to youth and those unable to afford a home (or style of home) in these inflated markets.  These outlying communities will thrive over time and grow more diversified industries in a more diversified province....and eventually Vancouver and Victoria will correct...or not.  

In the current state of affairs in Vancouver where a builder or developer must wait two years for a building permit there is no reasonable prospect of building our way to of this mess....and land will not miraculously appear off our coastline.  

It's time for Mr. Mason and  others to face some reality...that the Vancouver of their (and my) youth is gone forever.