Today, even in the country's most booming cities, suburban neighbourhoods are depopulating as the baby boomers who occupy those homes slowly age. So, if we wanted to, we could cut immigration levels to reduce population growth and allow the housing supply to catch up. Many experts say this supply of rental housing is one reason why housing remained affordable in Canada during a time when its population was booming. But since the 1990s, Canada hasn't subsidized rental housing construction very much, and pretty much the only multi-unit dwellings developers have built since then have been condos. Our desire to build sustainable cities; our economic reliance on high levels of immigration; the commodification of our housing supply — all of these are aspects of our housing affordability problem.

Source: Huffington Post May 05, 2019 13:41 UTC