Housing Affordability in Canada 2020

There has long been concern about deteriorating housing affordability in Canada. The OECD has expressed concerns about the decline of the middle-class in Canada and the substantial role of house […]
Published on June 21, 2020

There has long been concern about deteriorating housing affordability in Canada. The OECD has expressed concerns about the decline of the middle-class in Canada and the substantial role of house price increases. Two of the 10 least affordable major markets are in Canada.

 

 

Featured News

MORE NEWS

Canadians Moving to Smaller Cities and Rural Areas

Canadians Moving to Smaller Cities and Rural Areas

  For the last two centuries, one of the most important demographic trends has been the movement of people from rural areas to the cities. It has been estimated that in 1800, the world was only 3% urban, meaning that it was 97% rural.In 1800, there was only one...

Here’s One Solution to Canada’s Housing Crisis: Move

Here’s One Solution to Canada’s Housing Crisis: Move

Canadians are fleeing overpriced cities to find more affordable housing. And restrictive urban planning policies are to blame.   Canadians may be solving the housing crisis on their own by moving away from more expensive areas to areas where housing is much more...

Want More Affordable Housing in Canada? Build More Houses

Want More Affordable Housing in Canada? Build More Houses

Solving Canada’s housing crisis shouldn’t require more than a single lesson in economics. When prices are high, a free market always responds and supplies more. Yet amidst Canada’s severe problems of housing affordability, this foolproof mechanism is continually...