Housing affordability has become a generational concern in Canada and recently took centre-stage in the Federal Budget. At today’s prices, two-thirds of Canadian households cannot afford to purchase a detached home based on earned-income alone. How did we get here? And how can we improve access to home ownership?
On this week’s episode of the 10-Minute Take we are joined by special guest, RBC’s Assistant Chief Economist Robert Hogue to discuss his latest report, The Great Rebuild. Robert will unpack what has driven Canada’s momentous housing supply challenges and how they can be solved in the years ahead.