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.
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