The current housing crisis is not a new phenomenon. Canada has faced multiple housing crises over the years, often linked to large-scale population shifts.
Notable examples include the Great Irish Famine (1845-1852), the Great Depression of 1929, and World War II, followed by a rural exodus and the baby boom (1946-1964).
These population movements led to the most severe housing crisis in Canadian cities in the early 1950s. At that time, the majority of middle-class citizens were renters, and homeownership, as today, was a significant challenge.
You cannot climb the economic ladder if you have a 30 yrs mortgage at 35% of your gros combine income, so if you earn the equivalent of a construction worker salary and you dream to be part of a more traditional family with one salary, it is financially impossible to own a small house with a back yard. But in the late 1950's that dream was a reality on one factory salary. Today it is possible if gen Z and millennium organize them self the way my parent did in late 50's.
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