Image of the week: Canadians support stalling home prices
Polling shows most Canadians are on the same page about this hard truth.
Recent polling found that 69% of Canadians agree that, in order to restore housing affordability for all, we need home prices to stall, so earnings can catch up. Only 16% disagreed with this statement, with 16% unsure.
Stay tuned next week for our take on why housing supply alone won’t fix the housing crisis.
This is heartening news. Is makes me proud of Canadians. We have a history of sharing and doing what is fair to all generations. Sometime we loose sight of that in all the noise.
I love the first two comments on this post! Two different, but both valid, sentiments. I agree @Glen Brown that it's worth cutting through noise and divineness to remind people that we can actually find a lot of agreement on solutions... or at least steps towards them. Of course, when push comes to shove, we also need these people to stand up and advocate/vote for measures that turn sentiments like stalling home prices into concrete solutions - even if they won't benefit. At the same time, @MustardClementine is right that some Canadians have an appetite for even bolder action. Given the harm experienced by today's younger generations, and that will be inherited by generations to come, this isn't surprising. And it's not all that different from the scale of change that some of today's boomers were fighting for in their youth, on civil rights, or gender equality. It's important to make room for and listen to these perspectives, and affirm the grief, anger, and fear motivating them.