April 23, 2025
Real Estate News
A new strategic foresight report by Policy Horizons Canada warns that without policy change, home ownership and social mobility could become out of reach for many Canadians by 2040. The report highlights widening wealth gaps, declining post-secondary returns, and the growing role of AI in labour markets.
Key findings
- Home ownership may concentrate among fewer households as young adults shift to long-term rentals.
- Rising costs and stagnant wages threaten housing affordability.
- Intergenerational wealth will drive access to quality housing and neighbourhoods.
- AI-driven productivity gains may widen income gaps and influence rental rates.
“By 2040, upward mobility is almost unheard of in Canada,” the report states, noting that many fear sliding down the social order.
Implications for property management
Property managers face greater pressure to balance affordability with investment returns. As renters become the majority, demand for well-maintained, professionally managed units will grow. At the same time, shrinking household incomes could lead to higher vacancy rates and late payments.
Looking ahead
As Canada’s demographic and economic trends evolve, property managers must adapt their strategies. The Policy Horizons forecast serves as a call to action for policymakers and industry stakeholders.
For landlords and investors, partnering with a full-service manager like Royal York can offer stability through proactive maintenance, flexible leasing and data-backed decision-making.
Source: Better Dwelling
