Yep... Canada never got it's teeth kicked in by the 2008 crisis, but we had similar price appreciation so there was never a lul to get the younger generations i

Yep... Canada never got it's teeth kicked in by the 2008 crisis, but we had similar price appreciation so there was never a lul to get the younger generations into the market without significant up front costs. It's also slammed the breaks on most families upsizing their homes. They live with what they got. I'm looking at homes today and to enter the market for a house is 1.4 million. Our family has a good income so that's actually achievable. The vast majority will never earn enough. When real estate is perceived as a better investment than equities, society is doomed.