That is a big concern of mine, and I'm concerned that when the federal government is setting permanent immigration targets, it's perhaps not considering the impact of non-permanent residents, such as foreign students, who still require rental accommodations in many cases. That tightens the rental market and pushes some people out of the rental market into the ownership market, so there is a net effect of tightening the overall market balance.
We can't accommodate 600,000 people in one year, so we need to be much more thoughtful about how we do immigration policy.