I think it's more a story of the younger generations' unbridled love for the major urban center lifestyle. And, of course, our governments being greedy and/or incompetent and allowing foreigners to buy up much of places like Vancouver with foreign money and driving up prices. And the fact that interest rates have been held way too low, way too long, and has allowed Canadian buyers to take on massive mortgages they may never repay. 

My late boomer colleages were never so set on living in a place like TO or YVR, but it has become a must for many young people today it seems. Oh well, if you can afford it fine, but there are plenty of affordable, less hectic places to live in Canada and elsewhere in the world. There is no sense complaining about it, or being perpetually poor due to housing costs - move. It's no fun being in a city and having to pinch pennies.

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