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Is it time to give up the dream of homeownership? Amid skyrocketing prices, scarce supply and longer mortgage terms, the goal of owning a home is slipping away from many Canadians — especially young ones. Diana Mok, a professor at the University of Guelph, says it’s time for society to reevaluate whether people need to buy houses at all. She suggests we need to stop putting homeowners on a pedestal and focus on creating cohesive communities, not wealth generators. It’s an interesting perspective — one that Mok discusses on this week’s episode of Inside the Village. Also on the podcast: Queen’s Park Today and Parliament Today join the Village Media family.
Reach out to Frisco and Scott
By Village Media Inc.Is it time to give up the dream of homeownership? Amid skyrocketing prices, scarce supply and longer mortgage terms, the goal of owning a home is slipping away from many Canadians — especially young ones. Diana Mok, a professor at the University of Guelph, says it’s time for society to reevaluate whether people need to buy houses at all. She suggests we need to stop putting homeowners on a pedestal and focus on creating cohesive communities, not wealth generators. It’s an interesting perspective — one that Mok discusses on this week’s episode of Inside the Village. Also on the podcast: Queen’s Park Today and Parliament Today join the Village Media family.
Reach out to Frisco and Scott