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. Elections are a key time for Canadians to communicate their aspirations to politicians regarding homeownership. Governments hold the key to unlocking the door to homeownership again.

“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.”

Derek

“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!!”

Royane

“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.”

Ajay

Unlocking the Details

In the blog posts below we will explore a variety of topics as the federal election campaign unfolds. Check back often to get informed about what’s happening in the housing affordability space. Scroll through for more.
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