But no other spot is as hot as Vancouver, and the debate it inspired has implications for Montreal.
The accepted consensus has been to blame the Chinese immigrants for purchasing at any costs, thereby driving prices into the stratosphere but former Montrealer and friend of Coolopolis Kyle "One Red Paper Clip" McDonald believes that to be nonsense.
The real problem, he argues, is that Vancouver is built on a small plot of land and its preponderance of small bungalows force a limit to about eight people per 2,000 square foot footprint.
The solution is to increase density by rezoning to allow many more large-sized apartment buildings to be built.
The new supply would drive prices down and offer new supply of reasonably-priced residential options to people who can't afford to live in Vancouver under the current market.
The problem?
The people who own those $1.5 million bungalows are perfectly happy to have lucked into such impressive equity.
To protect their goose egg they actively oppose any attempt to erode their fortunes.
They oppose increased densification, so unless they can be overcome, there is no solution in sight.
McDonald has spearheaded a movement which he calls YIMBY, a reverse take on the Not-in-my-backyard. He feels that people will be able to afford their roofs once builders start getting permission to build bigger.