Even people who bought up til like 2015 are doing well. Housing in Canada really imploded 2015-2023 or so. Before that, it was still very frothy, but low rates and high immigration and poor policy around speculation and flipping of homes really turned the whole country tits up re: housing.

What, $600k for a 1 bedroom condo on a busy arterial road doesn't seem reasonable to you!?

/s

The federal housing minister literally 2 days ago stood up in the House of Commons and associated the housing cost catastrophe with the war in Iran that's been happening for a week.

Thankfully prices on that front are slowly declining. Another $200k to go at least before they make any sense.