As mentioned in the video, a woman in Toronto, Ontario, Canada bought a house for $250,000 in 1999. Today, that house is worth $1.6 million. Average prices went up 33% in 2020 which means that property went up in price by roughly $400,000 in the last year. How does a majority of the populace even begin to earn enough money to afford a basic house in or near Toronto? Answer: They can't. They have to live outside the major cities. The way it's going, they'll have to leave Canada to afford a house.
Of course, the politicians are pouring gasoline over the fire. The prime minister of Canada is bringing in a million new immigrants over the next three years.