Canadian Mortgage and Housing Corp. has forecast that the country needs 3.5 million more homes by 2030 than the country is currently on track to build.

With the speed of homebuilding not matching population growth, economists at both National Bank and TD Bank warned last week that the high levels of newcomers to Canada threaten to make the housing affordability crisis worse.

The federal government has a bunch of tools to lower demand or increase supply. And their response is to create a TFSA?

So...

I'm supposed to save money--that I can't save because rents are through the fucking roof--in an account that will probably lose money thanks to inflation.

Yeah, just say it: "We're avoiding dealing with the problem but want to a) look like we're doing something, and b) put the blame on the people trying to save for a home, instead of the investor class' rampant speculation".

I came to Canada 13 years ago, and while I make more money here than I ever did in the States, it'll still never be enough to buy a place. Honestly though, the idea of owning a house and being responsible for its maintenance and upkeep is utterly repellent to me. I'd rather rent forever and have all that nonsense be someone else's problem. I ain't got the time or patience for it.