Small-town homes, big-city prices: Welcome to the everywhere boom

June 3, 2021 at 11:11 AM

It's no surprise that housing costs have plagued millennials for years. But in the past year, things have changed: the pandemic has brought high home prices and bidding wars to small towns that had previously been a respite from hot housing markets. 

In this feature in The Walrus, writer Seam Wetselaar examines how the increased demand for housing in Canada's suburbs and small towns is making the prospect of homeownership unattainable for future generations, and speaks with Options for Homes CEO Heather Tremain about the societal impact of this, and how shared equity mortgages are part of the solution. 

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