The expected rise in Canada’s population is likely to make the country’s limited housing supply worse – and ultimately lead to even higher home prices, a report by Zoocasa forecasted.
The expected rise in Canada’s population is likely to make the country’s limited housing supply worse – and ultimately lead to even higher home prices, a report by Zoocasa forecasted.
In fairness, nobody working minimum wage should expect to be able to afford to buy a house, although, high rent is a huge barrier for those people.
I’m more concerned with someone making a decent single income and not being able to afford a place to live or food to eat. Worse, someone with a disability or caring for someone with a disability (one less income in the family) as the support for them is non-existent.
The reality is, these days, you need at least two decent incomes to afford an entire house + the expenses that go along with it.