[westopher]

This is the first time however that there have been serious measures being put in place other than the foreign buyers tax, (which was just political games so krusty Clark could smile on TV.) with the new short term rentals rules and fees brought into play, supply should go up as a lot of investors are going to be in trouble with that.
Not saying it’s gonna happen, but there’s never been a more likely time for a substantial drop.
I’m sure the developers however will just start limiting supply again and “all the savvy real estate investors” will continue to be able to tell the younger generations how they should be smarter and just work harder.