The trouble to get a home

The average annual income is $54,360 in Canada, the average cost of purchasing    A house is $504,458 in Canada. There is 10% down payment on mortgages which   means for the average Canadian they will have to spend 95% of their yearly income.  The pandemic caused a massive rise in prices of houses since 2019. There was and still is a demand for larger houses and larger lots of land. People are now working from home instead of going to the office therefore they need more space. Desire to move to more urban areas have increased in demand as well. People cannot go on vacations or go anywhere, so they are putting their disposable income into their home. The law of supply of demand states that when there is a demand prices go up. It has become easier to get a mortgage due to low interest rates, and mortgage products are varied. Usually, the market goes up when there is an excellent Economy. The Strange thing about this pandemic boom this is a very unusual circumstance because the economy sucks. This bubble will burst when the economy really crashes there's a rise in interest rates or drop in demand  In the meantime, a whole generation of people will be left out of the housing market. the 20 to 30 year olds can't afford it. government is going to have to  step in and help out otherwise there will be more and more homeless humans!!!