The dirty secret of the housing crisis? Homeowners like high prices

Paul Kershaw, a public policy professor at the University of British Columbia and founder of the affordability advocacy group Generation Squeeze, says the emphasis on increasing housing supply obscures our collective addiction to ever-rising home prices.

The dirty secret of the housing crisis? Homeowners like high prices
A for sale sign outside a house for sale in Toronto.

Paul Kershaw, a public policy professor at the University of British Columbia and founder of the affordability advocacy group Generation Squeeze, says the emphasis on increasing housing supply obscures our collective addiction to ever-rising home prices.