Housing affordability: What can be done to help people get into the market?
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Show Notes
Guest: Paul Kershaw, a professor at UBC's School of Population and Public Health and founder of Generation Squeeze, a non-profit that works for generational fairness
They say timing is everything, but should it be when it comes to home ownership? Canada's wealth gap is not just driven by income, but also by real estate with much determined by if and when you bought your home. As real estate prices soar, many are priced out of the market and very little is being done that will make houses more affordable. Part of the issue is how existing homeowners think about their home as an investment and how resistant they are to anything that might affect the value. For those who are stuck outside the market, it's time to rethink how to solve this problem and perhaps look at more radical solutions.
This episode was produced by Alexis Green, Matt Hearn and Raju Mudhar