Tag: condemned

Real estate: a generation condemned to be a tenant?
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Real estate: a generation condemned to be a tenant?

Despite a record number of constructions across Quebec last year, young buyers are struggling to find homes they can afford. Many of them therefore resign themselves to remaining tenants. • Read also: In Estrie, the cost of houses reaches historic levels • Read also: Housing starts: Montreal smashes records • Read also: A home price boom that hurts in many ways According to the APCHQ, there is currently a shortfall of nearly 60,000 constructions to meet demand in Quebec. The lack of manpower is one of the causes of this problem. Yet in 2021, 67,962 homes were erected, 26% more than the previous year. This is the first time that a generation has more misery to find accommodation than the one before, estimates the APCHQ. “It's very difficult for fir...