What people think housing should cost is unrealistic. Unless you think the average Canadian could create, harvest the resources and build a house in 4 years. Realistically it takes about 4 years of man hours or more just for the building not even including harvesting/preparing the materials or city hookups among other things

The average price should be 25*0.3*average income. 30% of income going to shelter over a 25 year mortgage. In America it's 30 years and given that we are living longer it makes sense that we will be extending it. 25*0.3 also equals 7.5 years of work which seems like a fair amount, 4 years for building the house, 2.5 years for harvesting/processing the resources, and 1 year of tax/government bureaucracy.

The average household income is $106,300, so $797,250. For those who scream it should be after tax, that's ridiculous since we don't pay workers less when taxes go up.

https://www03.cmhc-schl.gc.ca/hmip-pimh/en/TableMapChart/TableMatchingCriteria?GeographyType=Country&GeographyId=1&CategoryLevel1=Population, Households and Housing Stock&CategoryLevel2=Household Income&ColumnField=HouseholdIncomeRange&RowField=Province&SearchTags[0].Key=Households&SearchTags[0].Value=Number&SearchTags[1].Key=Statistics&SearchTags[1].Value=AverageAndMedian

Our median home price stands at $678,282 for 2023 so homes appear to be quite affordable given the average income which would explain our high ownership rate among the G8.

https://www.statista.com/statistics/604228/median-house-prices-canada/

I really don't comprehend the people who think housing should be dirt cheap, are we just supposed to enslave construction workers and whip them into working for no pay?