Here's what it'd take for a young person to get into housing in Canada today

"For people to get into the housing market today, they either need a really high-paying job, or they need to get help from their parents or receive some type of inheritance. Indeed, my mortgage broker has told me that he rarely, if ever, sees people doing it on their own today. That is a really important point to make. People cannot do it on their own today. Some people have parents who won the real estate lottery and they are able to help their children. Some people seeking to enter the housing market may have some inheritance from a grandparent, but a lot of people do not have those things. They have to do it themselves. The cost of doing it on one's own today is astronomical. In fact, it is such an astronomical amount of money that most people are giving up hope."