I'm tempted to agree with you. However, digging into the issue a little further, it looks like this is a misguided attempt to protest gentrification.
As a Vancouverite, I have hugely mixed feelings on the issue. It sucks when you've lived in a place all of your life, but over time, you get priced out. "You only make $60,000 a year? Well, you can probably afford this cardboard shack, but you'll need to make sacrifices…"
Housing affordability is a serious problem which governments, municipal and otherwise, should work to address promptly. Attacking other people solves nothing, and only serves to turn part of the public against your cause.