Well, Jon, thats happening in Vancouver, too. Property prices are so high that it takes two professionals to even hope to own their own property. I'd say that other than exceptionally motivated young people, the most that young people can hope for is a condo or a live-work space and that means both parents work and your children are in daycare.

It also means that only those youngsters with rich parents, who provide the downpayment, will ever own property.

The gap between rich and poor grows even wider and the middle classes will, of course, blame the poor.