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Soaring house prices have made it harder to afford a house in Canada than it’s been in three decades, with experts blaming everything from low interest rates to blind bidding to intergenerational wealth transfers.

So how do you cool the housing market? Rachelle Younglai covers real estate for The Globe and Mail, and she’ll explain how we got here, why the measures taken by governments so far haven’t helped, and what else could be done to get prices under control.

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Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

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