HOUSING CRISIS - Is it worth it to buy?
Ya Chi Ya Chi
270 subscribers
72 views
0

 Published On Mar 19, 2024

In this eye-opening video, we delve into the pressing issue of housing affordability in Canada. As the cost of housing continues to soar across the country, many Canadians are grappling with the harsh realities of trying to find affordable and suitable accommodation. From bustling urban centers to picturesque rural towns, the housing crisis knows no bounds.

We discuss the ACTUAL cost of buying a home, the AVERAGE price, property TAXES, cost of BORROWING and the OPPORTUNITY costs.

Join us as we uncover the factors driving the skyrocketing prices of homes and rental properties. We'll examine the role of supply and demand dynamics, government policies, and economic factors shaping the Canadian housing market landscape. Through interviews with experts, realtors, and everyday Canadians, we gain insights into the struggles faced by individuals and families seeking stable housing options.

Moreover, we shed light on the ripple effects of the housing crisis, including its impact on homelessness, socioeconomic disparities, and generational wealth inequality. From young professionals struggling to enter the housing market to seniors facing housing insecurity, the ramifications are far-reaching and multifaceted.

But it's not all doom and gloom. Throughout the video, we explore potential solutions and innovative approaches to address the housing affordability crisis. From affordable housing initiatives and rent control measures to sustainable development practices, there are viable strategies to create more inclusive and equitable housing opportunities for all Canadians. We explore the 50/30/20 rule to maximize savings.

Join us on this journey as we navigate the complexities of the housing market in Canada and advocate for meaningful change. Together, let's confront the real cost of housing and work towards a brighter, more accessible future for everyone.

show more

Share/Embed