Canada’s ‘regular’ houses now cost millions. Can a new government fix it?

Donald Trump was consumed by another great issue in Canada before applying tariffs in Canada and threatened its sovereignty: apartment avaliable. The horizon thinks that voters plan to make the generation of the voters turn into a problem.

Willow Yamauchi, it’s $ 275,000 together with his husband ($ 31,000; $ 31,000; £ 336.400; £ 236,400; £ 236,400; £ 236,400; £ 236,400; £ 336,400; £ 336,400; £ 336,400; £ 336,400; £ 336,400; £ 336,400; £ 336,400; £ 336,400; £ 336,400) says the family is “regular” when he received a family house.

The same property is now worth a few million.

In the city of Pacific Northwest in Canada, Ms. Yamauchi’s story is generally generated by rainy weather. In 2000, the average price of a separate house in Vancouver was around C $ 350,000 around C. Now this is more than $ 2 million.

“We were very privileged to get a house when we did my wife and me,” the 52-year-old writer speaks to BBC. As a member of the Generation X, the time was on his side.

At the same time, he says that without the Bank of Mother and Father’s “- the city they grow up.

Vancouver, a cultural and economic center with a population of less than one million, is often seen as the epicenter of the Canadian housing crisis. A report Last year’s the best among the “impossible” cities in Chapman University in California in the world.

However, it is not the only Canadian city where the price of houses is not enough for. Canada has one of the highest home price-income rates among developed nations as a whole.

In 2021, according to national information, the average household income after taxes in Canada C.A. Was around $ 88,000. That same year, the average house price C 713,500 and more than eight times. The cavity is even larger in large cities like Toronto and Vancouver.

Many are housing for Canadians One of the best issues in the federal electionsRecently, US President Donald Trump and Tariffs were arrested by the tariffs in Canada. Before Trump, concerns about housing convenience increased conservative parties seen as best equipped to correct the crisis. Usually had success in PocketBook themes Threatened due to the collapse of the Liberal PartyRecently, the head of the chests in the wake of a trade war with the United States.

Even with the Trump factor, the topic argued this week in two federal leaders. During the French discussion, Moderator and Journalist Patrice Roy showed figures that show how much home prices in Montreal, Toronto and Vancouver over the past decade.

“I am sure that this will not come as a surprise,” said Mr. Roy, he told the federal leaders before asking how to make the crisis.

The polls show young people that mean the apartment crisis and the future.

Speaking at the University of English Colombia (UBC) Vancouver Campus University, this was clearly clear that a large number of issues are above the mind.

Many, too, they have chosen to live in the house to save the costs, or in a room near Campus, often in a room for $ 1,100, often decided to live up to $ 1,500 in a house, he said.

Emily Chu, 24, who is 24, in the UBC last semester, said he should postpone their work until two years and rent to work at one point.

Now shares a flat with his older brother who works fully and pays the majority of rent. Ms Chu thinks one of the lucky ones.

As for the hostility in the future, he says “not so,” for many people in age. “Everyone assumes that we cannot make a kind of apartment.”

Young specialists engaged in well-paying work such as Margareta Dovgal are also priced. Vancouver-based non-profit source works 28-year-old director, Alberta’s neighboring Alberta province, despite the fact that the BBC is a lifelong and “vancouverite”, was reported to be relocated to the neighboring Alberta province.

Still, Calgary, Alberta’s largest city, we saw The prices of the house increased by 15% in 2024 of the previous year As the city lives The growth rate of population Since 2001.

The root reasons for the apartment-afnessable crisis of Canada are complicated. One of the main issues, it is a supply of not a growing population, which increased the costs for both buyers and tenants.

The Canadian Mortgage and Housing Corporation (CMHC) estimates that more than 3.8 million homes need to be built by more than 3.8 million homes to eliminate the National Housing Agency.

However, the construction of new apartments, It was below the targetHe raised the questions that would achieve this goal in Canada. Experts include high prices and land scarcity in urban areas where the expansion, majority of Canadians live and work.

There are also regional barriers, such as city zoning laws that prevent the construction of higher density housing – in some neighborhoods, including housing buildings or multicheveels.

Abundant housing of the Advocacy group, Co-founder Daniel Olexiuk, said that the city is an example of the city, more than half of the lands have zone for married homes.

“Almost all the territories are protected,” he said. “All this has all the neighborhoods, where three to five million dollars are home.”

At the campaign trail, each major federal party has prepared a plan to correct the crisis, all in order to build a house as soon as possible.

Liberals led by Mark Carney are a plan to build a plan for the construction of favorable apartments and funded apartments in Canada and build 500,000 new houses in Canada.

Critics asked CARNEY’s goal because they were required twice a long time, because the current construction rate of Canada was more than twice.

Meanwhile, the conservatives led by Pierre Poilievre, rewarding the cities that punish the houses and construction of the construction and a carrot and glue approach

Poilievre promised to produce federal taxes in newly built houses to reduce costs to become a home founder. Critics say this policy can be a minimal effect, because the houses purchased in Canada are not new, not a new new new.

Speaking to the BBC, the voters say they have buying any plans to increase the construction of housing in Canada.

Most of the apartment are managed by provinces and cities, Ms. Dovgal, the federal government is “guided by a convincing way” and measures are being cheaper and the measures of the Qur’an within the country.

However, the issue is quite carefully, others may not be enough.

Squeeze, the founder of Paul Kershaw and Bik’s builder of the state policy in UBC, claims that politicians could not apply to the room in the room: Wealth aged homeowners left the apartment crisis.

“The political deal asked young Canadians to suffer higher rents and mortgages and mortgage loans to protect those higher home values,” Kershaw notes.

“None of the parties call generation tensions,” says politicians say that the elderly canadians are increasing or even in a high-rise, and even in a political risk.

Prof. Kershaw calls this “cultural problem” and says the parties should also pay attention to the reduction of expenditures to young people as a way to lighten the load.

The correction of the apartment crisis is inseparable as the sovereignty and prosperity in the face of the threats of Trump tariffs.

“The dysfunction in our housing market is damaged by the country’s well-being,” he says.

Until a correction is found, the ability to host, still looks bright for many.

Ms. Dovgal, except to move elsewhere, “You need to win the lottery or marry many millionaires. These are options.”