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    Hauspreise vs. Haushaltseinkommen in Kanada: Wie die Kluft seit 1980 gewachsen ist

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    1. JohnDorian0506 on

      Home prices have risen **+900%** since 1980. Median household income has risen **+258%**. The growing gap between the two lines is the affordability crisis in a single image.
      Price to income in 1980 was 2.8; now it is 7.8.

      Added.
      What drove prices away from incomes?

      1. Falling interest rates expanded borrowing power. This is the single biggest factor. 

      2. Population growth outpaced construction. Canada’s population has grown rapidly through immigration, especially since 2015. Housing construction did not keep pace. The ratio of new homes to new residents has deteriorated dramatically, creating a structural supply gap CMHC estimates at [3.5 million homes](https://wealthnorth.ca/mortgages/housing-starts-supply-gap-analysis/).

      3. Zoning and permitting limited supply. Most Canadian urban land remains zoned exclusively for single-family houses. Converting to even modest density (duplexes, triplexes) requires rezoning approvals that can take years.

      4. Housing became an investment class. Tax-free capital gains on principal residences, leveraged returns via mortgage debt, and decades of consistent appreciation made housing Canada’s de facto retirement savings vehicle. [Housing now represents over 50% of Canadian household assets](https://wealthnorth.ca/mortgages/household-net-worth-trends-canada/) — far more than in the US (~25%) or most European countries.

      5. Income growth stagnated in real terms. While nominal incomes have risen, real (inflation-adjusted) median household income growth has been modest — roughly 1–1.5% per year since 2000. Housing prices, meanwhile, have compounded at 4–6% per year over the same period. Even small differences in growth rates compound dramatically over 25 years.

    2. fuelhandler on

      “I’m shocked, and I was unaware of this” said no one living in Canada. /s

    4. FiRe_McFiReSomeDay on

      Now look at who funds the government: taxpayers or corporations. It has completely flipped since the early 80s.

      So not only are we stuck with outrageously high home prices, we carry the tax burden of funding all levels of government.

    5. Individual_Bit_2385 on

      Comparisons like this are presented to drive a narrative, only based on partial data. Average home in 1980 was 1700sq ft, average today is 2400 of course the larger house will cost more. Average house in 1980 was designed and built to a 65 % efficiency level. Today we are pushing 90 %. Of course the house built to a higher standard would cost more.

    6. hyterus on

      In 1992 you could buy a small apartment, 5-8 years old, around 1100 SQ ft for about $70,000.

      Today , this exactly apartment, which is now 40 years old, sells for $400,000.

      Price increase almost 6 times!

      In 1992 a starting salary for a young professional was about $40,000.
      In 2026 it’s about $60,000. Hell, make it $80,000

      So. The apartments went up almost 6x and the salaries 2x

      In 1992 you could rent that apartment for $500 a month and you still had enough money left to support your young family.

      Try it now….

    8. xNOOPSx on

      MP salary 1981 was around $32,000. A professional or trades salary was similar.

      Today, MPs clear over $200,000. Those same professionals and trades workers largely fail to clear $100k. Yes, there are people who do, however $100k should be a normal income without OT or anything else. I’d argue that pushing $200k should be totally doable. However, $110k qualifies you for a top 10% income in Canada.

      Good thing Carney has come out and said the younger generation will have to sacrifice. What else is left?

    9. CastAside1812 on

      This Liberal government has proven it will do anything and everything it can do ensure home prices either remain at their insane levels or go even higher.

      Be it mass immigration, inflation, red tape or money laundering. They will use any method they can.

      Your only option is to be an owner. Sitting and complaining won’t help. The biggest voting block is homeowners. They will vote in their interests and governments will enact laws accordingly.

      Ever since we bought our home Ive stopped stressing about all the immigration headlines. At worst, it pumps up my house price, at best they actually cut it and let everyone else afford a home.

    10. mightocondreas on

      If you want a house and you’re a first time home buyer. Get a job with rrsp match. In 5 years you will have a downpayment. If your spouse does this too, you can probably buy a SFH.

      I just did it, it works.

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