How the government can help unlock the door to homeownership
Read about actions the federal government can take to improve housing affordability in Canada.
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Housing Affordability in Canada
For generations, Canadians have viewed homeownership as not only a major life milestone, but an investment in their future. But homeownership is increasingly difficult for the average Canadian to achieve. Governments hold the key to unlocking the door to homeownership again.
Worried about the future of housing in Canada?
Canada does not have enough homes, and it’s impacting affordability and rental prices. Learn how your community can support more housing supply.
Why housing affordability is hurting
Learn what factors determine if a home is “affordable” and why we now have a generation of Canadians unable to buy their first home.
Myths and FAQs
How do house prices affect affordability? Is all debt the same? We debunk some myths and answer frequently asked questions about housing affordability.
“As a 27 year old male affordable housing is a huge concern! [….] The only way I can afford a house in the future is to live at home and save for a bigger down payment…. Some people don’t have that opportunity and with rent being so high, they will never have the chance of owning a home.”
“With the real estate market the way it is right now… to sell a home at a profit and to down size, you end up paying more for a smaller home/condo/modular [so…you] might as well stay where [you] are!!”
“I cannot save for a down payment due to soaring Ontario rent prices. More than half my pay goes to rent and I am not even in the GTA.”
Unlocking the Details
The blog posts below explore a variety of topics related to housing affordability in Canada. Scroll through for more.