Youth Unemployment And The Future Of Canada's Housing Market

The article examines the rising youth unemployment rate in Canada and its potential impact on the housing market. Despite the overall resilience of Canada's labor market, young Canadians are facing structural joblessness that may hinder their ability to achieve financial milestones like home ownership. This situation poses a threat to the sustainability of the housing market and broader social mobility. Experts suggest this youth unemployment issue is not just a temporary fluctuation but a deeper, enduring problem.