Spacing Radio

We're all used to headlines about impossibly soaring housing prices in Canadian cities: prices that leave many out of the market, and out in the cold. But this model of perpetually increasing home values is the dream for many owners. You buy a home, let it accumulate in value, and do whatever you can to insure that growing value isn't threatened. But this model is unsustainable and leaves many people without proper housing options. Dr. Paul Kershaw is a University of British Columbia professor, founder of Generation Squeeze, and author of the paper "Wealth and the Problem of Housing Inequity Across Generations." He says these rising home values have changed what it means to be wealthy: “We have to be cognizant of the fact that there is a cultural and political addiction to high and rising home prices for many in this country, because it makes us better off. And some people will resist that [...] I'll get angry emails: 'I'm not rich!' But what we need to have right now is more and more dialogue about who's a