The other side of the story is that it is everywhere. If you are working for a minimum wage in one of the biggest cities in the country - it does not have to be Canada - then this is normal that you will not be able to afford any place to buy. Also we cannot really compare the prices to other countries without weighting other factors such us wages, job market, etc. etc. House prices are high this is the fact however still I think if wife and the husband are working and they are not working for a minimum wage they will be able to afford the place however people are spending crazy money on crazy expensive cars, having meals every day in expensive restaurants etc. You have to choose what is your priority. I am not saying that you have to close yourself in the metaphoric cave but people should adjust their lifestyle to the income they have and unfortunately most people are not doing it.