Canada's housing affordability crisis

This is a Canada news story, published by BBC, that relates primarily to Donald Trump news.

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housing affordability

BBC

•

Business

Business & Economics

Canada's 'regular' homes now cost millions. Can a new government fix it?

Summary

Nutrition label

80% Informative

Canada has one of the highest house-price-to-income ratios among developed nations.

Young people are especially worried about the housing crisis and what it means for their future.

For many Canadians , housing is one of top issues in the federal election, eclipsed only recently by US President Donald Trump and his tariffs on Canada .

The root causes of Canada 's housing crisis are complex, with a growing population growth rate.

Each major party has put forward a plan to fix the crisis with the goal of building as many homes as quickly as possible.

Experts say barriers to ramping building include the high cost and scarcity of land in urban areas.

There are also regional barriers, like city zoning laws that prevent the construction of more affordable, higher density housing.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity