The government is idling in wait-and-see mode, hoping its previous measures, including a speculation and vacancy tax on empty homes, will be enough of a drag to eventually slow things down. That’s unlikely, say experts. But it’s also not necessarily the wrong move. The worst thing that could happen is for ham-fisted politicians to veer into the market with vote-getting proposals that inadvertently pop the real estate bubble, tank prices and put everyone who has purchased in the last couple of years underwater on their mortgages. Where’s the outrage? The last time Metro Vancouver’s housing market was this hot, the public had their bullhorns out for BC politicians to do something to fix it.