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Podcast: Faytene TV
Episode: Housing Crisis - Politics Explained with Aaron Gunn
Description: Canada is currently facing a housing crisis.  As of January 2023, the average price for a Canadian house was more than $600,000, and almost double that if you live in Toronto or Vancouver. The average rent is now more than $2,000/month, up significantly in the last two years.  Rental prices and home prices are at an all-time high. Demand is high. Supply is low. At the current construction rates, there is no sign of the problem correcting anytime soon.Add to this: inflation leading to higher foo...