Housing affordability crisis is bad for Gen Y but worse for Baby Boomers

This is not a story about the young and the way they have been crushed by boomers, who own all of the houses. It’s a story about the old.

We hear so much from the young and, yes, being forced out of the property ownership market is tough. You see your own parents in their own homes and wonder if you can ever make that happen for you. Yep, but you might need to wait until they die.

Waiting that long might not be an option and it’s quite depressing to see governments fail even in attempts to manage housing affordability.

No, this is a story about the other victims of housing affordability.

April 19,2017