In 2005, a typical Ontario home sold for $263,000; last year, the average Ontario home sold for $932,000, more than a threefold increase in 17 years. A young family, even those making a decent income, simply can’t afford to buy a home that meets their needs and their budget. Our government is committed to fixing that. The Housing Affordability Task Force laid out a road map. The government has made some changes that incents getting affordable housing, non-profit housing and attainable housing in the ground. We’re going to continue to build off that.
But if the member opposite thinks $932,000 is an acceptable status quo to support, he’s living in a dream world.