‘I am concerned that an increasing number of Canadians will never be homeowners,’ says Royal LePage survey

A new survey from Royal LePage reveals that 57 percent of those aged 18-34 suggests that the current candidate’s position on the status of housing affordability in Canada is going to influence their vote in the upcoming federal election.

The highest level, by nobodies surprise, is in British Columbia with 48 percent. Ontario and Alberta closely followed with 46 percent each.

Royal Lepage notes that this survey was “an online survey of 1527 Canadians was completed between August 20, 2021, and August 22, 2021.”

“The 2021 federal election has seen housing policy become a headline priority and key leadership promise in all major party platforms,” said Phil Soper, president and CEO, Royal LePage. “While tax and grant programs can benefit new buyers in small ways, only by addressing the supply shortage will we get at the root cause of this crisis. Housing affordability impacts everyone, and it’s clear that Canadians are ready to make their voices heard.”

Eighty-eight percent agreed that the rising cost of home prices have them concerned that they will never be able to
own a home.

“Access to housing is a fundamental human right, for without adequate shelter, a family lacks the foundation upon which they can live and work safely and with dignity,” Soper said. “In this election, Canadians are demanding ideas, answers and a commitment to address the nation’s housing supply and affordability crisis. The growing housing deficiency in this country is one of the great threats to our prosperity as a people.”

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