Signs of hope for Canada’s hopeless young homebuyers

After 20 years of housing bubble-blowing, the thought of ever owning a home now seems virtually impossible for legions of younger Canadians. But there are reasons to take heart, as Garry Marr tells Anthony in this week’s episode. Marr, a journalist who has covered Canadian real estate for decades, details how government policies have continued to inflate housing prices in Canada’s biggest cities, frustrating the ownership dreams of younger generations while older generations gut their retirement savings to help out their kids. It can’t go on like this. Marr explains how markets and mentalities are finally starting to shift in ways that could make home ownership for young families realistic again. (Recorded March 4, 2022) Learn more about your ad choices. Visit megaphone.fm/adchoices