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It’s the headline that just won’t die: Young Canadians can’t afford to buy a home. #housing #affordability #millennials #basementlife
The news is a retell but @GenSqueeze crunched the numbers to show, again, the gap between what the average home costs in Canada and what a typical 25 to 34-year-old can afford is massive. bit.ly/2ZjOZwt
The national housing affordability gap is bleak. 
And downright ugly in the GTA. #helpmedrake
But nothing tops Vancouver. #byeeeee
But why? Why do we keep torturing young people with this old news?
Y'all know the odds are stacked against buying a home where you work, where your friends live, where you'd be most stoked to start a family (or not), and where you really don't want to leave. You get it.
You know who doesn’t?
1. People who already own a home, probably for decades, and don’t want to see their neighbourhoods change. (To which we say, neighbourhoods are for everyone.)
2. Those who think that fighting on behalf of the “missing middle” is unimportant when others have nowhere to live at all. (To which we say, let’s use our collective power to ensure ALL Canadians have a good place to call home.)
3. The real estate industry that warns the small declines in housing prices that Vancouver and Toronto have flirted with will be the downfall of the market and our economy. (To which we say, who really stands to lose if home prices become more affordable?)
4. Political parties that haven’t yet named housing affordability as one of their key platform issues in the lead-up to this fall’s vote. (To which we say, why not?)
Today's report is for them. Because despite several years of being a top headline, housing affordability for millennials is still an unsolved problem. Which is super frustrating because there IS a way through it.
