Superb, Nathan. Thanks for taking the time. We have just one more question about homelessness and housing prices...
My father lived through the Depression and then fought in WWII. As a result of this he never had a regular job until he was 31. Despite this and despite never earning even the average salary at any time in his life, he owned and sold three houses as he moved from job to job in different cities. I was able to buy a house in Vancouver 25 years ago in Vancouver during an economic downturn with an above average income that is now worth more than $750,000. My two university-age children are highly unlikely to ever own their own house in this city even with well-above average incomes because of current housing prices. Already, many thirtyish professionals are leaving the city because they cannot ever own a home and the latest survey of immigrants states that one third of them are paying more than 50% of their income for housing. Of course, the number of homeless is also mushrooming exponentially. We need a major housing program that addresses homelessness, housing for young adults and immigrants, even for ones with above average incomes. This is not impossible. Afterall, my father's generation, at least from the 1950s until the 1970s were able to find either rental or cooperative housing or achieve home ownership in a country that had relatively little homelessness in a much smaller economy. What is your plan to overcome these generational trends?