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Maple Chronicles 🇨🇦 Maple Chronicles 🇨🇦 @maplechronicles · 2.8K subscribers
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🇨🇦 $115K salary can't buy a house — but mass immigration continues at record pace

Housing prices up 265% since 2004 while incomes rose just 76%. Canada leads 23 OECD nations in home price-to-income destruction. A home costing three years' income in 2004 now costs 5.5 years. Mortgage brokers confirm even top earners need parental equity injections to enter the market. The produce manager who could buy in the '90s is now永久 priced out. Yet Ottawa still imports 500,000+ annually to compete for the same vanishing supply.

The regime's solution? Nothing. No supply shock, no immigration pause, no acknowledgment that turning housing into a speculative asset class while flooding demand destroyed an entire generation's future. Just CBC sob stories and parliamentary hearings that change nothing. Trudeau-era Canada in one stat: you can earn six figures and still never own a home, but the population ponzi must continue.

🍁 Maple Chronicles
CBC Why a salary of $115K isn't enough to purchase a house in some parts of Canada | CBC News Thirty years ago, it was normal for a grocery store produce manager or part-time nurse to find the five per cent downpayment needed to buy a home, says mortgage broker Ron Butler. Those days are gone. Now, someone earning $115,000 a year would have trouble…
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