The country requires an estimated 5.8 million new homes to restore a semblance of affordability by 2030.
Non-resident investors owned only 2.5 per cent of all houses in the province.
Mayor-elect Kennedy Stewart wants to reach 85,000 new housing units over 10 years.
According to a report commissioned by the province, more than 115,000 new housing units were awaiting approval in six Metro Vancouver municipalities.
When I first came to Alberta a quarter-century ago, vacancy rates in Calgary and Edmonton exceeded 10 per cent. In Edmonton, where I lived in 1988, landlords often gave one month free on an already cheap 12-month lease. Sometimes utilities and cable were included.