For a faint second, it seemed as though federal Housing Minister Gregor Robertson had finally seen the light. During a House of Commons finance committee appearance recently, headlines reported that Robertson acknowledged what should be an obvious truth — that “the average home price must fall” to make housing affordable again.
This was welcome news for both the generations of Canadians locked out of home ownership and housing advocates, many of whom roundly lambasted the minister earlier this year when he insisted, multiple times, that housing prices don’t need to fall.
