Because of policies that make housing more expensive!
S:right! immigration, tax policies, fat pensions for the entitled. profiteering in speculation. -- In many cities, even a low ranking professional, earning near 40.- and taxed***, an hour can alone not muster house ownership with values near 1 000 000.- and climbing out of reach.
with more people and more dollars chasing the limited resources, it is going to get worse.
*** profits on house flipping hidden by sham ownership in Canada are not taxed.