Canadians see a home ownership crisis that governments aren’t addressing

People across all age groups and political stripes think home ownership is a mark of the ‘middle class,’ yet younger Canadians are anxious about whether they’ll get there.

In Toronto and Vancouver, more than half of respondents to a recent survey done for the Canadian Home Builders’ Association cite declining home affordability and ownership as top concerns. Adrian Farcas photograph courtesy of Flickr

Opinion

BY KEVIN LEE

May 30, 2018

Home prices have been rising for nearly two decades, far outpacing average income growth. The result is a growing anxiety among younger Canadians about their prospects for home ownership and a middle-class lifestyle. Most feel their political leaders are failing to address this situation—or even m...

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