But that’s simply not true—there never was any such deal. It’s not just that there was never any such written agreement; there was never any such understanding. I grew up in the 1950s and 1960s in an upper middle-class family, with mostly upper middle-class friends; I can think of only one friend who was able to afford a house while still in his twenties. My children grew up in the 1980s and 1990s and the first few years of this century; neither they nor most of their friends could afford to buy a house while still in their twenties.
Might my friends and I have been unusual? Might my children and their friends have been unusual? At first glance, some statistics might seem to support the notion that, whether or not there was a “deal,” the norm in the 1970s and 1980s was for people to become homeowners before they were 30; the median age of first-time home buyers in those decades was 29. The same set of statistics shows that the median age of first-time home owners was still only 31 years in 2015 (when my eldest child turned 30).
Such statistics, though, look only at people who were able to afford to buy a home; they don't give a picture of all Canadians. As Poilievre should be aware, many Canadians in low-income brackets are never, in any era, able to afford to buy their own home; the “median age of first-time home buying” number leaves them entirely out of the picture. The data show that the post-WWII percentage of Canadians renting rather than owning has fluctuated from about 45% in 1950, to about 31% between 2010 and 2015, to about 34% in 2024. If you include the whole population, there has never been a time when the average Canadian could afford to buy their own house by the time they turned 30. Through the generations, many, many Canadians have lived their entire lives without being able to afford to buy their own house.
There are other reasons, too, why some people in any generation are unlikely to be able to afford to buy a home before they turn 30. Many of my friends, for example, stayed in university well into their twenties, obtaining two or even three degrees before entering the work force.
Poilievre’s own education and employment history is quite unusual. He dropped out of the University of Calgary in 2002,* and then, when he started his full-time job in 2004 at the age of 25, it was a job that paid $141,000—or almost six times the average 2004 salary in Canada, $24,400. As a Member of Parliament at 25, there can be no doubt that Poilievre himself was far better able to afford to buy a house in his twenties than was the average Canadian.
None of this is to suggest that we do not have important inter-generational justice issues. We surely do. Nor is it to suggest that housing affordability—for renters as well for prospective buyers—is not a huge issue. Of course it is. Housing prices and rents have increased far faster than have incomes in recent decades. To address that problem, we need to greatly increase housing supply, while allowing house prices and rents to fall (as, thank goodness, they have begun to do over the past year or two in many cities). And people of my generation need to view with equanimity the prospect of the value of our homes coming back to earth. We did nothing to earn the inflated valuations of our homes, and we should welcome it if the cost of housing comes down to a level that our children and their children can more easily afford.
Poilievre, like other politicians, wants to increase supply, but plays politics when he refuses to admit that prices will need to fall significantly to make housing more affordable. In that way, he’s no better and no worse than other politicians. But the dishonesty with which he advances the notion that there used to be a “deal” guaranteeing young Canadians home ownership before they turned thirty is a dishonesty unique to Poilievre. It will surely exacerbate intergenerational ill-will, while deflecting attention away from the degree to which our economic problems are matters not just of intergenerational justice, but also of productivity, of demographics, and of justice between haves and have-nots, of whatever age.
Postcript, April 2
The last twenty-four hours have added a new wrinkle to Polievre's weirdness; it's come to light that he seems to regard owning a home as a necessary prerequisite to having children. He has declared that he will stand up for the "36-year-old couple whose biological clock is running out faster than they can afford to buy a home and have kids." In similar fashion, he has declared that he will come to the defence of the "39-year-old woman, desperate to have kids but unable to buy a home in which to raise them, her biological clock running out."
Most of the attention paid to these remarks has focused on the “biological clock” side of things. At least as remarkable, I would say, is Poilievre’s obliviousness to the lives of those who may always remain unable to buy a home for financial reasons—or who may actually prefer to remain renters, for a whole host of reasons. Poilievre’s phrase “unable to afford a home in which to raise kids” speaks volumes. Are we to take it that Poilievre believes those who live their entire lives in low-income brackets should refrain from ever to having children? Are we to take it he believes the 46% of Montrealers who throughout their lives live in rental accommodation should refrain from ever having children?** Or perhaps he thinks it’s somehow impossible if you live in such circumstances in such a place to have children.
As many of us can attest, it actually is possible to have children and to give them a good upbringing while living in rental accommodation. But that’s probably something Poilievre doesn’t want to know. He seems to have no desire to imagine the lives of those who did not do as he did, or may not want to do as he did—grow up in a suburban street on which everyone lives in a detached house; and then buy a house, marry, and have your first child, all before you turn thirty.
*Several years later, Poilievre completed an undergraduate degree through Athabasca University.
**Or the 67% of New Yorkers who live in rental accommodation. Or the 87% of Berliners.