High housing costs and long commutes can discourage workers from moving to cities such as Toronto.
Housing affordability was easily the top issue on the campaign trail.
More than 80 per cent of Canadians live in towns, cities and suburbs.
The cost of buying and renting is driven upward by a scarcity of available homes.
Developer fees comprised 13.2 per cent of municipal revenue in the City of Vancouver in 2016.
The Horgan government now says it will peg allowable rent increases to inflation, estimated at 2.5 per cent for 2019.
The imbalance between the number of available units and the number of would-be renters drives up rents.
Survey says large majorities of homeowners in Metro Vancouver and the Greater Toronto Area want housing prices to stop rising.
San Francisco has a comparable land area to Vancouver but accommodates roughly 30 per cent more residents.