Why Homes Don’t Make People Rich Anymore (Truth Canada Won’t Say)

Canada’s housing market has flipped. For decades, owning a home guaranteed wealth—cheap debt, rising prices, and stable jobs lifted everyone. Now that era is gone. Mortgage payments are surging, equity is shrinking, and families are selling belongings just to keep up. Buying a home no longer means automatic profit—it now comes with real risk. This breakdown explains why the old system died and what today’s buyers need to understand.