The Housing Treadmill: An article from CCCR
In Canada (and many other nations), the housing market has outgrown the wage structure to such an extent that even middle-class professionals cannot afford to live in the cities which they serve. The life energy people must expend and the debt required to afford a home in some parts of Canada forecloses ownership except for those with capital or those that got into the market years ago. We can do better, much better.