Have any of the groups who are here—and Mr. Lyman might be able to comment on this—looked at the play of market conditions versus government programs? For example, for a period of time in Ontario—and the Federation of Apartment Associations might see it differently—the cost of rent went up by double the rate of inflation. That was when rent controls were lifted, for example.
There are other times when there have been or have not been speculation taxes. There has been overheated real estate and sometimes it has soaked up affordable housing as people have bought out cheaper housing. Is there anybody in the country who looks at it that way? Otherwise, in any national strategy that just looks at rent subsidies, or direct build, or even co-op, you're still backfilling something where different levels of government can make decisions—for example, in zoning and so on. Then you end up picking up the pieces at another level of government. I think a real strategy would have to take some of those market conditions into account.
Who has looked at that? Has anyone?