Gen Z/Younger Millenials, have you given up on Canada?

Housing is now at the point where people our age (I’m 23) will never be able to afford a house. If you want to live in a city I don’t even see how you can even save up for a downpayment on studio apartment while paying current rent prices. And even if you’re able to get a mortgage, you’ll be a wage slave till you die.Older Canadians have no interest in creating an affordable housing market because it’d mean their homes from 20+ years ago would decrease from 300%+ paper gains to 200% paper gains. No party (yes, even NDP) will take drastic enough measures to create affordable housing. It’d be political suicide given the homeownership rate is ~70%. This problem isn’t going to get fixed anytime soon given our growing population and lackluster housing unit construction rate. Our GDP is built off pimping out shelter to one another.Housing in the U.S costs a fraction of what it is here, especially if you want to live in a city. Salary for skilled labor in the U.S is significantly higher, taxes are lower, and you have more career and entrepreneurial opportunities. All Canada has to offer in return is cold weather and free healthcare (no vision or dental), which you’d have anyways in the U.S at any decent employer. Am I crazy or are there really no pros to being a Canadian anymore? If you don’t have generational wealth your options are being a serf for life to own a home in some desolate, cold, boring suburb, or being a serf for life in to rent a 500-600sqft shoebox apartment. I really have no hope in Canadians to fix the state of the market and want to start a life in the U.S but it’s difficult moving south and buying a home with no clear path to PR. Right now we’re essentially stuck in a massive flyover state with NYC costs of living. via /r/canadahousing https://ift.tt/3mwZrPT