Vancouver software dev checking-in. I'd say that your assessment is on the optimistic side. Was laid-off 3 months ago, prospects are non-existent, rentals (if they're anything like last time I had to move) are non-existent, and studio condos start at around $500k if they're old. If I'm forced to move when my landlord's mortgage is up for renewal, I have no idea what I'll do.

So ya, seems like a pretty in-coherent policy change. The only way to compete seems to be to just look to other countries.