@chris Part of the issue is that wages have lost to inflation so badly, though, too. In your wage range for the 70s, the current equivalents would be about 57,500 to 115,000. We need more mechanisms for dealing with wealth inequality and wages that have stayed fairly flat.

Also, looking at Stats Can's housing cost to disposable income information, the unaffordability of housing has been increasing since the mid-90s. Given that, it would help to look at the economic and policy changes our governments made starting at that point and find ways to reverse them so we had less corporate control over housing and more social housing (co-op- or public-owned/built) to keep prices in check.