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William Watson: Some surprising numbers on wealth and home ownership

Despite what you've heard, the wealth gap is narrowing, while people under 35 are more likely to own a home than at any time this century

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How long, I wonder, before the political problem of the day switches from housing affordability to the awful, terrible, savings-destroying nationwide decline in house prices? Already there are signs. This week CBC’s The National ran a piece about sluggish markets and declining average sale prices on news that February housing sales were down from a year ago (though snow and cold could be partly why).

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