What’s wrong with Canada real estate?

Canada real estate is in mess. The real estate prices are skyrocketing, and affordability is fast vanishing.
Since the pandemic outbreak, a lot has been changing. The borders between work and personal life are thinning as people continue to work from home even after a year and a half.

While the common perception would be that people are saving a lot of money on the commute, food, and other lifestyle indulgences, which would lead to an increase in investments, that has sadly not been the trend.