The current average home price in the GTA is just over $1.1M. With current mortgage rates, the average person would need an annual income of just over $200,000 to afford a home. The average income in the GTA is currently $49,000. The housing market is a dystopian nightmare. Buying is reserved for the elite, and renting bleeds the rest dry, forcing people to choose between keeping a roof over their heads or food on the table (and don’t get me started on food costs). What are we DOING?!?