Britain Canada city Columbia, Britain 2020 pandemic Government Britain Canada city Columbia, Britain

Will the housing market crash? Why home prices may stay hot

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This is the third installment of Priced Out, a three-part series looking at housing affordability challenges facing young people in Canada.

Read part one: ‘Nowhere to go’: Canadian homebuyers without family help are running out of options. And part two: ‘Incredibly stressful:’ Why renting isn’t always a solution for those who can’t buy.During the earlier stages of the COVID-19 pandemic in Canada, Anita Minh and her partner saw a possible silver lining.“We thought maybe there is an opportunity to enter the (housing) market,” says Minh, a 31-year-old, Vancouver-based Ph.D.

candidate at the University of British Columbia.She calls homeownership “a dream” — and it’s one she says she’s been holding onto for a long time.

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