So don't move to Vancouver or the GTA? Simple solution. I'm from the Maritimes. We'd always been told by Upper Canada and the West to "move to where the work is." Fair enough. How about moving to where you can afford to live?

Dad bought a house in 1979 that was $79k, in Moncton. In Toronto it would have been much more at the time. That's about $310k in today's money. Median income in 1979 was the equivalent of roughly $60k today. Dad made good money, had done well on previous houses, and Mum was an ER nurse, they could swing it. But a lot of people were really struggling. Especially those people who saw their fixed rate mortgage jump from 14% to almost 22%.