Five ways that Canada’s housing market is broken
Update: 2024-07-15
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The problems with Canada’s housing market have spread beyond major cities like Toronto and Vancouver to smaller communities across the country. Vacancy is low, houses are prohibitively expensive for many Canadians, and even rental prices have spiked an average of nearly 9% over the past year. How did it get this bad, and why is it so hard to fix?
We zoom in on five examples that demonstrate how and why the market isn’t working. Reporters Matt Lundy, Jason Kirby, Frances Bula and Shane Dingman join us.
Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com
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