From 2000 to 2014, the maximum mortgage for the average family grew by 126 per cent.
Long and uncertain permit timelines can have led to fewer new housing units being built in Vancouver.
According to new census data, population growth in Calgary has lagged behind the regional average.
Boosting demand for a good without also boosting its supply puts upward pressure on prices.
Encouraging home ownership may deter the labour mobility vital for a dynamic economy.