Housing news & insights
-
Protecting Alberta’s affordability advantage means celebrating stalling home prices
Alberta is two steps ahead of BC, Ontario and Quebec when it comes to housing affordability. This economic advantage should be protected by all Albertans – and especially by political leaders as they gear up for the May 2023 election.
Read more -
Alberta’s Throne Speech isn’t a step towards generational fairness
Like all Throne Speeches, Alberta’s November 29 installment is a broad statement about government priorities. One clear message from this missive is that Alberta won’t be prioritizing generational fairness any time soon.
Read more -
Albertans Should Celebrate Stalling Home Prices to Protect an Affordability Advantage: New study
Our new pan-Canadian housing affordability report reveals a massive gap for people starting out in the housing market between their full-time earnings and average home prices in many parts of the country. While affordability has eroded in Alberta compared to earlier decades, the province remains ‘relatively’ affordable compared to the other three most populous provinces.
Read more -
Canadians Should Celebrate Stalling Home Prices: New study
After decades of relentless increases, recent dips in home prices have captured attention across Canada. How we judge stalling or falling home prices in this moment is critical. Our new report shows the massive gap that still remains for people starting out in the housing market between their full-time earnings and average home prices.
Read more -
Affordability can’t come at the cost of generational fairness—Ontario Fall Economic Statement
Finance Minister Peter Bethlenfalvy clearly wasn’t much concerned with generational fairness in his recent Fall Economic statement. His prescriptions for the province at a time of increased economic uncertainty fall well short of following the generational golden rule: to treat other generations as you would want your generation to be treated.
Read more -
Poll: Majority of Canadians support a price on housing inequity
New polling by Research Co. for Generation Squeeze shows that a majority of Canadians are now ready for governments to soften the sharpest edges of the home ownership tax shelter.
Read more -
What you don’t know about the investors driving up housing demand (and prices)
We might all agree that Canada needs to build more homes. But it’s clear from Gen Squeeze’s comprehensive housing policy solutions framework that supply isn’t a silver bullet. Increasing the number of homes can help push down prices – but decreasing demand can have the same effect. Supply and demand are two sides of the same coin, but we tend to discuss the former as a potential solution far more than the latter.
Read more -
The Fall Economic Update doesn’t update much for generational fairness
If you want Canada to work fairly for all generations, here are five key take-aways from the Government of Canada’s Fall Economic Statement, released on November 3, 2022.
Read more -
The Globe & Mail: Statscan failed young Canadians by underestimating the effect of housing inflation
Amid all the talk of inflation these days, it’s easy to forget that a generation of young Canadians are shut out of home ownership in part because Statistics Canada failed to sound the alarm over rising housing prices decades ago.
Read more -
More Homes Built Faster isn’t enough to deliver affordability to Ontarians
Ontario’s Conservative government released the "More Homes Built Faster Act" on October 25, 2022. If passed, the legislation will aim to expand the supply of housing in the province by speeding up construction, reducing obstacles and fees for development, and increasing density near transit and in residential areas. This includes streamlining new affordable and rental housing developments. The proposed actions have merit but don't go far enough to fix record housing unaffordability. Read our analysis to find out what's missing from the plan.
Read more