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Sticker Shock: Canada's housing inflation keeping prospective buyers on the sidelines

Video vocabulary

she

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US / ʃɪ /

UK / ʃi /

A1
  • pronoun
  • Female person or animal mentioned before
  • (Refers to female person mentioned before)

house

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US / haʊs /

UK / haʊs /

A1
  • noun
  • Place where a specific activity or business occurs
  • Building in which a family, person lives
  • verb
  • To give someone a place to live
  • To contain or store something

what

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US / wɒt /

UK / hwɑt, hwʌt, wɔt, wʌt,hwət, wət /

A1
  • pronoun
  • Thing or things that; the same kind as
  • Used to emphasize something you are about to say
  • adjecitve
  • Used to refer to a particular amount, or number
  • Used to place emphasis on a particular quality
  • adverb
  • To a certain degree
  • determiner
  • Question words used for asking for information
  • exclamation
  • Used to express excitement, shock, or surprise
  • Used to ask people to repeat something they said

toronto

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US / tə'rɒntəʊ /

UK / tə'rɑnto /

A1
  • proper noun
  • A city in Canada, capital of Ontario, on the northern shore of Lake Ontario; population 2,503,281 (2

that

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US / ðæt /

UK / ðæt, ðət /

A1
  • adjecitve
  • The person or thing being talked about
  • Used to identify something both the speakers know
  • adverb
  • Used to reinforce adjectives and adverbs
  • To such a degree
  • conjunction
  • Used to connect a noun clause
  • Used to introduce an adverbial clause
  • Used to introduce a noun clause
  • determiner
  • Used as a noun to refer to something
  • pronoun
  • Referring an object far away
  • Used to refer to the relative pronoun ‘which’

people

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US / 'pi:pl /

UK / ˈpipəl /

A1
  • noun
  • Persons sharing culture, country, background, etc.
  • Men, Women, Children

about

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US / ə'baʊt /

UK / əˈbaʊt /

A1
  • adverb
  • To be ready to; going to
  • Nearly; approximately; roughly
  • Near; next to; close to
  • In every direction; in the area of
  • preposition
  • Concerning or of (a topic)

typical

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US / ˈtɪpɪkl /

UK / ˈtɪpɪkəl /

A2
  • adjecitve
  • Normal; usual; expected

own

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US / əʊn /

UK / on /

A1
  • adjecitve
  • Belong to oneself
  • determiner
  • Yours, his, hers, etc.; not belonging to another
  • pronoun
  • (Something) belong to myself
  • verb
  • To have something as your property

generational

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US / ˌdʒenəˈreɪʃənl /

UK / ˌdʒenəˈreɪʃənl /

B1
  • adjecitve
  • Concerning people born at about the same time

anne

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US / æn /

UK / æn /

A1
  • noun
  • Queen of England and Scotland and Ireland; daughter if James II and the last of the Stuart monarchs;

require

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US / rɪ'kwaɪə(r) /

UK / rɪˈkwaɪr /

A2
  • verb
  • To demand that someone does something
  • To need to do something, to make it necessary

great

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US / ɡreɪt /

UK / ɡret /

A1
  • adjecitve
  • Very large in size
  • Very important
  • Very good; fantastic; wonderful
  • adverb
  • Very good; better than before
  • noun
  • Successful and well-admired person

annual

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US / ˈænjuəl /

UK / ˈænjuəl /

A2
  • adjecitve
  • Happening once a year, or every year
  • noun
  • Book (in a series) released each year

must

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US / məst /

UK / mʌst /

A1
  • noun
  • Something that is necessary or required
  • other
  • (Used to state that something ought to be true)
  • Used to say something is required or necessary

family

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US / 'fæməlɪ /

UK / ˈfæmli /

A1
  • noun
  • Close group of people or organizations
  • A group of people who are related through blood
  • Group of related plants or animals

down

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US / daʊn /

UK / daʊn /

A1
  • adjecitve
  • Being sad, sick, or unhappy
  • Not operating, working, or functioning as expected
  • adverb
  • In a sitting or lying position
  • Towards or on the ground, floor, or bottom
  • Written or copied onto a piece of paper or book
  • noun
  • A period of play in American Football
  • The soft, smooth hairs that cover a bird's body
  • preposition
  • Along something's path, course, or direction
  • Going from a higher position to a lower position
  • verb
  • To eat or drink very quickly and without stopping

during

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US / ˈdjʊərɪŋ /

UK / ˈdʊrɪŋ, ˈdjʊr- /

A1
  • preposition
  • At some point in the course of an event or thing

annually

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US / ˈænjuəli /

UK / ˈænjʊəlɪ /

B1
  • adverb
  • Every year; once a year

deputy

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US / ˈdepjuti /

UK / ˈdɛpjəti /

B1
  • noun
  • Assistant to a leader who acts on his, her behalf

asset

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US / 'æset /

UK / ˈæsˌɛt /

A2
  • noun
  • Thing that has value to you

they

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US / ðeɪ /

UK / ðe /

A1
  • pronoun
  • Two or more people, animals, or things

wealth

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US / welθ /

UK / wɛlθ /

A2
  • noun
  • Amount of money or possessions you own, e.g. large
  • Great quantity, amount, or number of something

take

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US / teɪk /

UK / tek /

A1
  • noun
  • Filming of a single scene for TV or the movies
  • verb
  • To accept something that is offered
  • To use a method of traveling, e.g. a bus or train
  • To use a camera to make (a photo)
  • To pick up something and go away with it
  • To study a subject in school
  • To attempt to pass (an exam)
  • To require a certain amount of time, money, space

way

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US / weɪ /

UK / we /

A1
  • adverb
  • Used to emphasize the amount of something
  • noun
  • Particular aspect of something being thought about
  • One of various choices that could be made
  • Particular existing condition or state
  • (Often long) distance or length of time
  • How something is done
  • Route to go to a place
  • Small street
  • Usual behavior, emotions or habits of someone

their

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US / ðɛː /

UK / ðer /

A1
  • determiner
  • Belonging to them

rite

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US / raɪt /

UK / raɪt /

B1
  • noun
  • Act that is part of a religious ceremony

worker

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US / ˈwɜ:kə(r) /

UK / ˈwɜ:rkə(r) /

A1
  • noun
  • Person who works

who

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US / hu: /

UK / hu /

A1
  • pronoun
  • Which person
  • Used to introduce information about people

prospect

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US / 'prɒspekt /

UK / ˈprɑsˌpɛkt /

A2
  • noun
  • Opportunity or chance for success
  • Person who is considered for a particular position
  • verb
  • To search for minerals such as gold or diamonds

country

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US / ˈkʌntri /

UK / ˈkʌntri /

A1
  • noun
  • An area of land that is controlled by a government
  • Open land that is away from towns and cities

bit

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US / bɪt /

UK / bɪt /

A1
  • noun
  • Device put in a horse's mouth to control it
  • Small piece of something
  • verb
  • (E.g. of fish) to take bait and be caught

work

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US / wɜ:k /

UK / wɚk /

A1
  • adjecitve
  • Activity completed in order to make money
  • noun
  • The product of some artistic or literary endeavor
  • Everything created by an author, artist, musician
  • Activity you do in order to make money
  • Place of employment
  • Final product or result of a some labor or effort
  • verb
  • To bring into a specific state of success
  • To be functioning properly, e.g. a car
  • To do your job in your company or workplace
  • To make an effort to do something
  • To operate a machine or device

combat

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US / 'kɒmbæt /

UK / kəmˈbæt, ˈkɑmˌbæt /

B1
  • verb
  • To fight someone or something physically

where

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US / hwɛə /

UK / hwɛr, wɛr /

A1
  • conjunction
  • At or in the place which
  • In whatever place
  • pronoun
  • Word you use to ask the location of something

condo

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US / 'kɒndəʊ /

UK / 'kɒndoʊ /

C2
  • noun
  • Building containing individually owned apartments

call

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US / kɔ:l /

UK / kɔl /

A1
  • noun
  • A order or request for action
  • The sound an animal makes, often when in danger
  • A correct prediction, e.g. a decision in a game
  • A short visit to a place or person
  • A decision by a referee or umpire in a game
  • verb
  • To make a request or order for action
  • (Animal) to make sounds to warn of danger
  • To announce the date of an election
  • To make a judgment about something
  • To give someone or something a name
  • To guess in advance the result or outcome
  • To visit a place or person for a short time
  • To phone someone
  • To speak, announce or shout in a loud voice

intergenerational

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US / ˌɪntərˈdʒɛnəˈreɪʃənəl /

UK / /

B1
  • adjecitve
  • Between generations

money

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US / 'mʌnɪ /

UK / ˈmʌni /

A1
  • noun
  • Coins or notes we use to pay for things

and

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US / ənd /

UK / ənd, ən,ænd /

A1
  • conjunction
  • Used to refer to two or more things
  • Plus; in addition; on top of that
  • Used to introduce an action that follows another

squeeze

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US / skwi:z /

UK / skwiz /

C1
  • noun
  • Amount of liquid from firmly pressing e.g. orange
  • Act of putting pressure on, as to get liquid out
  • When there is not enough space for things/people
  • Act of firmly pressing on two or more sides
  • verb
  • To force or threaten someone to give you something
  • To strongly compress something to get liquid out
  • To be pressed together or crowded into an area
  • To press together the opposite sides of something
  • To reduce the amount of something

grandparent

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US / ˈgrænpeərənt /

UK / ˈɡrændˌpɛrənt, -ˌpær-, ˈɡræn- /

B2
  • noun
  • Your mother or father's parent

come

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US / kʌm /

UK / kʌm /

A1
  • verb
  • To arrive at a place
  • (Of mail) to be delivered
  • To move toward someone; go with someone
  • To reach a certain point or state

hurt

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US / hɜ:t /

UK / hɚt /

A1
  • noun
  • Mental, emotional, or physical pain
  • verb
  • To cause pain, damage or injury

something

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US / ˈsʌmθɪŋ /

UK / ˈsʌmθɪŋ /

A1
  • adverb
  • In some degree or measure
  • noun
  • a person or thing of some value or consequence
  • pronoun
  • Thing that is not yet known or named
  • Approximately

advocacy

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US / ˈædvəkəsi /

UK / ˈædvəkəsi /

B1
  • noun
  • Request for change
  • Public support for a belief

pandemic

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US / pæn'demɪk /

UK / pænˈdɛmɪk /

C2
  • adjecitve
  • (of a disease) existing in almost all of an area or in almost all of a group of people, animals, or
  • noun
  • a pandemic disease

nearly

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US / ˈniəli /

UK / ˈnɪrli /

A1
  • adverb
  • Not completely; almost

income

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US / ˈɪnkʌm /

UK / ˈɪnˌkʌm /

A1
  • noun
  • Earned money from work, investments or business

can

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US / kæn /

UK / kən,kæn /

A1
  • noun
  • A metal container for storing food
  • other
  • Able to; have the skill to; have the time to
  • verb
  • To have permission to
  • To be possible to do
  • To preserve food by sealing it in a metal container

save

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US / seɪv /

UK / sev /

A1
  • noun
  • Preventing a player in a game from scoring a goal
  • preposition
  • Except; not including
  • verb
  • To make your computer keep a file
  • To keep for future use
  • To make something unnecessary; prevent
  • To keep money so that you will have it later
  • To keep something for future use, such as money
  • To keep or rescue someone or something from harm
  • To prevent a player in a game from scoring a goal
  • To avoid the unnecessary waste of energy, etc.

metro

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US / ˈmetrəʊ /

UK / ˈmetroʊ /

B2
  • noun
  • Underground railway or subway

dream

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US / dri:m /

UK / drim /

A1
  • noun
  • A wish or hope for something to happen
  • Imagination or image of something you want
  • Images, thoughts, feelings experienced when asleep
  • verb
  • To wish for something to happen
  • To experience thoughts, images while asleep

child

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US / tʃaɪld /

UK / tʃaɪld /

A1
  • noun
  • A very young person, between about 2 and 15

become

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US / bɪ'kʌm /

UK / bɪˈkʌm /

A1
  • verb
  • To begin to be; grow to be; develop into
  • To be suitable for a particular job or role

but

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US / bət /

UK / bʌt,bət /

A1
  • conjunction
  • Used before you say something different, opposite

politic

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US / ˈpɒlətɪk /

UK / ˈpɑlɪtɪk /

B2
  • adjecitve
  • Careful what you say; diplomatic

now

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US / naʊ /

UK / naʊ /

A1
  • adverb
  • At the present time or moment
  • Right away or in the next possible moment
  • Used to refer to something that just happened
  • Time between the present and a moment in the past
  • conjunction
  • Resulting from or because of something

vancouver

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US / vænˈkuːvə(r) /

UK / vænˈkuːvər /

A1
  • proper noun
  • A city and port in British Columbia, in southwestern Canada, on the mainland opposite Vancouver Isla
  • An industrial port city in southwestern Washington, on the Columbia River, north of Portland in Oreg

our

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US / 'aʊə(r) /

UK / aʊr /

A1
  • determiner
  • Belonging to us

will

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US / wɪl /

UK / wɪl /

A1
  • noun
  • Desire or choice of someone
  • Document saying who gets your money when you die
  • Strong desire to do something; determination
  • Desire to do something; strong wish to do
  • other
  • Used with verbs to express the future
  • verb
  • To leave property to someone after your death
  • To use mental effort to make something happen
  • Am (is, are) likely to do
  • To influence someone to do something
  • To make something happen by strongly wanting it

million

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US / ˈmɪljən /

UK / ˈmɪljən /

A1
  • number
  • 1,000,000

global

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US / ˈgləʊbl /

UK / ˈgloʊbl /

A2
  • adjecitve
  • Concerning, involving, affecting all of something
  • Of, affecting, or involving the entire world

economy

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US / ɪ'kɒnəmɪ /

UK / ɪˈkɑnəmi /

A1
  • noun
  • Using money, resources in a careful, effective way
  • Total of all goods, services and wages in an area

wedding

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US / ˈwedɪŋ /

UK / ˈwɛdɪŋ /

A2
  • noun
  • A marriage of two people
  • verb
  • To combine and join two things together as one

ever

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US / 'evə(r) /

UK / ˈɛvɚ /

A1
  • adverb
  • At any time; at all times in the future

afford

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US / ə'fɔ:d /

UK / əˈfɔrd, əˈford /

A2
  • verb
  • To make available, to provide
  • To have enough money to pay for something

newcomer

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US / ˈnju:kʌmə(r) /

UK / ˈnuˌkʌmɚ, ˈnju- /

B2
  • noun
  • Person who arrives, often with a promising future

inflation

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US / ɪn'fleɪʃn /

UK / ɪnˈfleʃən /

B1
  • noun
  • Act of filling something with air or gas
  • Continual rise in the prices of products

area

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US / 'eərɪə /

UK / ˈɛriə /

A1
  • noun
  • Amount of measured space
  • A specific section or space; part of a region
  • A subject or field of study

bonus

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US / ˈbəʊnəs /

UK / ˈboʊnəs /

A2
  • noun
  • Extra money for achieving, exceeding targets

try

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US / traɪ /

UK / traɪ /

A1
  • noun
  • Act of putting the ball over the rugby goal line
  • verb
  • To make an effort, to attempt to do something
  • To examine someone or something in a court of law
  • To test to see if it is good or you like it
  • To make a person go through hardship; test
  • To examine something to see if it works

housing

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US / ˈhaʊzɪŋ /

UK / ˈhaʊzɪŋ /

A2
  • noun
  • Homes; houses in general
  • Cover for a machine
  • verb
  • To give someone a place to live
  • To contain or store something

either

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US / ˈaɪðə(r) /

UK / ˈiðɚ, ˈaɪðɚ /

A1
  • adjecitve
  • One of two (used when there is a choice of two)
  • adverb
  • (After negative statements) likewise, in addition
  • conjunction
  • Used as the first of two connected things
  • determiner
  • Used as the first of two connected things
  • pronoun
  • The one or the other

moment

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US / 'məʊmənt /

UK / 'moʊmənt /

A1
  • noun
  • Very short or brief period of time
  • A particular period in time

know

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US / nəʊ /

UK / noʊ /

A1
  • verb
  • To be familiar with a person or place, thing
  • To feel sure or be convinced about something
  • To discover or be aware of something
  • To be able to distinguish
  • To have knowledge of things

canada

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US / 'kænədə /

UK / ˈkænədə /

A1
  • proper noun
  • A country in northern North America, the second largest country in the world; population 35,900,000

outlive

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US / ˌaʊt'lɪv /

UK / ˌaʊt'lɪv /

C1
  • verb
  • To live longer than someone, something else

interest

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US / 'ɪntrəst /

UK / ˈɪntrɪst, -tərɪst, -ˌtrɛst /

A1
  • noun
  • Best or most advantageous thing for someone
  • Activity or subject one enjoys doing or learning
  • Fee for borrowing money
  • verb
  • To make someone want to know about something
  • To persuade to do, become involved with something

with

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US / wɪð /

UK / wɪð, wɪθ /

A1
  • preposition
  • As an employee of a certain company
  • Against something or someone
  • By using something as a means
  • Due to; because of
  • Including
  • Possessing as a feature
  • Related to
  • (Of the manner/attitude by which you do something)
  • Used to express that people or things are together

grandchild

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US / ˈgræntʃaɪld /

UK / ˈɡrændˌtʃaɪld, ˈɡræn- /

B2
  • noun
  • Your son or daughter's child

decade

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US / ˈdekeɪd /

UK / ˈdɛkˌed, dɛˈked /

B1
  • noun
  • Period of 10 years

world

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US / wɜ:ld /

UK / wɜrld /

A1
  • noun
  • All the humans, events, activities on the earth
  • Political division due to some kind of similarity

young

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US / jʌŋ /

UK / jʌŋ /

A1
  • adjecitve
  • At an early stage of existence; not mature
  • Being recently created or started
  • noun
  • Babies in a group or family of animals

group

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US / ɡru:p /

UK / ɡrup /

A1
  • noun
  • Two or more musicians who play music together
  • Number of people or things gathered together
  • verb
  • To combine or collect objects or people together

have

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US / həv /

UK / hæv /

A1
  • verb
  • To drink, smoke, eat or use something
  • To experience the effects of something
  • To organize an event, or join in an activity
  • To own, possess, or hold something
  • To cause to happen or produce a particular effect

shoot

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US / ʃu:t /

UK / ʃut /

A2
  • noun
  • Emerging new part of a plant
  • verb
  • To kick or throw a ball at a goal
  • To fire a gun; injure or kill someone with a gun
  • To (cause to) fly away forcefully
  • To use a camera to record a film/take a photograph

ownership

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US / ˈəʊnəʃɪp /

UK / ˈoʊnərʃɪp /

A2
  • noun
  • State of having a legal right to possess something

news

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US / nju:z /

UK / nu:z /

A1
  • noun
  • Broadcast on radio or TV about recent events
  • Information about recent events

home

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US / həʊm /

UK / hom /

A1
  • adjecitve
  • A sports team's own field or place of play
  • adverb
  • Into the correct or intended position
  • noun
  • House, apartment or building to be rented or sold
  • Institution for sick or elderly people
  • Place where a person or a family lives
  • Country where a person lives or was born
  • Region that is native to peoples, plant or animals
  • verb
  • To move towards a particular target location

just

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US / dʒʌst /

UK / dʒʌst /

A1
  • adjecitve
  • Proper or appropriate; as is deserved
  • Doing or being what is right or fair
  • Legally correct; having enough evidence
  • adverb
  • Almost; nearly
  • Exactly at the time of
  • Exactly (the same as, like)

hurdle

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US / 'hɜ:dl /

UK / ˈhɚdl /

B2
  • noun
  • Small fence a person or horse jumps over in a race
  • Problem that makes it hard to achieve something
  • verb
  • To run and jump over something
  • To overcome a problem to achieve something

for

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US / fə(r) /

UK / fɔr,fə /

A1
  • preposition
  • Used to show the purpose, or need of something

bleak

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US / bli:k /

UK / blik /

B1
  • adjecitve
  • Desolate and colorless; without much hope

those

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US / ðəʊz /

UK / ðoz /

A1
  • determiner
  • The people or things we are talking about
  • pronoun
  • The objects far from the speaker

generation

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US / ˌdʒenəˈreɪʃn /

UK / ˌdʒɛnəˈreʃən /

A2
  • noun
  • Act or process of producing or causing something
  • People born and living at about the same time

much

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US / mʌtʃ /

UK / mʌtʃ /

A1
  • adjecitve
  • Very; to a high level or degree
  • adverb
  • A lot; large amount; a high degree of
  • Nearly; basically
  • On many occasions; often
  • noun
  • A large amount; a great quantity

earth

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US / ɜ:θ /

UK / ɚθ /

A1
  • noun
  • Wire connecting an electrical device to the ground
  • The planet we live on
  • Soil in which we grow plants

breather

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US / ˈbri:ðə(r) /

UK / 'bri:ðər /

C1
  • noun
  • Short rest after activity

well

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US / wel /

UK / wɛl /

A1
  • adjecitve
  • Being in a fortunate, good condition or state
  • Healthy and in good condition
  • adverb
  • In an acceptable, proper, or successful manner
  • In a complete, total, or full manner
  • A great and considerable degree
  • In a successful way, in a good or satisfactory way
  • exclamation
  • Used to begin or continue a particular statement
  • Used to show you want to start saying something
  • Used to express that you are waiting for a reply
  • You say this to change the topic of a conversation
  • Used to indicate you are making a final remark
  • noun
  • Long deep hole in the ground to get water
  • verb
  • To cause your eyes to fill with tears

upcoming

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US / ˈʌpkʌmɪŋ /

UK / ˈʌpˌkʌmɪŋ /

C1
  • adjecitve
  • Occurring soon; approaching

start

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US / stɑ:t /

UK / stɑrt /

A1
  • noun
  • First time or place that a thing exists; beginning
  • First opportunity to achieve something, e.g. a job
  • Sudden action or movement because you are scared
  • other
  • Beginning of something in place or time
  • verb
  • To do, be or happen for the first time; begin
  • To turn something on

never

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US / 'nevə(r) /

UK / ˈnɛvɚ /

A1
  • adverb
  • Not ever; not at any time

benefit

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US / 'benɪfɪt /

UK / ˈbɛnəfɪt /

A2
  • noun
  • Good result or effect, something advantageous
  • verb
  • To have a good effect or be helpful

amount

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US / ə'maʊnt /

UK / əˈmaʊnt /

A1
  • noun
  • Quantity of something
  • verb
  • To add up to a certain figure

skyrocket

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US / 'skaɪrɒkɪt /

UK / ˈskaɪˌrɑkɪt /

A1
  • verb
  • (Prices or things) to increase suddenly

price

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US / praɪs /

UK / praɪs /

A1
  • noun
  • Person's name
  • Cost of something in money
  • verb
  • To determine or set the cost of something

parent

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US / 'peərənt /

UK / ˈpɛrənt, ˈpær- /

A1
  • noun
  • Person's, animal's mother or father
  • Something creating other things of the same kind

than

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US / ðən /

UK / ðən /

A1
  • conjunction
  • Used to compare two things that are not equal

ottawa

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US / 'ɒtəwə /

UK / 'ɑ:təwə /

A1
  • other
  • A member of the Algonquian people of southern Ontario

make

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US / meɪk /

UK / mek /

A1
  • noun
  • Product made by a particular company; brand
  • verb
  • To arrange or prepare something e.g. dinner
  • To get to (a place) on time
  • To gain the status of (teacher, lawyer, etc.)
  • To create something by putting things together
  • To earn a certain amount of money at a job
  • To cause or force a person to do something
  • To cause something to happen or be formed

bridge

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US / brɪdʒ /

UK / brɪdʒ /

A2
  • noun
  • Structure built over river, road so you can cross
  • verb
  • To make a link between; bring together

average

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US / 'ævərɪdʒ /

UK / ˈævərɪdʒ, ˈævrɪdʒ /

A2
  • adjecitve
  • Typical or normal; usual; ordinary
  • noun
  • Total of numbers divided by the number of items
  • verb
  • To add numbers then divide by the number of items

you

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US / jʊ /

UK / ju /

A1
  • pronoun
  • Person someone is speaking or writing to
  • Person or people in general

year

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US / jə: /

UK / jɪr /

A1
  • noun
  • Unit of time equal to 12 months or 365 or 366 days
  • Used to refer to the age of a person

payment

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US / ˈpeɪmənt /

UK / ˈpemənt /

A2
  • noun
  • Amount of money that is paid for something

five

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US / faɪv /

UK / faɪv /

A1
  • number
  • 5

the

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US / ðə /

UK / ðə /

A1
  • article
  • Used to refer to something already mentioned
  • Used to show there is only one of something
  • determiner
  • Used to describe all of a family

rate

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US / reɪt /

UK / ret /

A1
  • noun
  • Current price or cost of something
  • Speed or frequency of events over time
  • verb
  • To assess something or consider its qualities

person

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US / 'pɜ:sn /

UK / 'pɜ:rsn /

A1
  • noun
  • Man, woman or child

little

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US / 'lɪtl /

UK / ˈlɪtl /

A1
  • adjecitve
  • Being short in length of time
  • Not great in size, amount, or degree; small
  • Being very young or younger than others
  • adverb
  • By an amount or degree that is not very much
  • Not often; rarely
  • noun
  • A person's name

earner

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US / ˈɜ:nə(r) /

UK / ˈɜ:rnə(r) /

A2
  • noun
  • Someone who earn wages in return for their labor

passage

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US / 'pæsɪdʒ /

UK / ˈpæsɪdʒ /

A2
  • noun
  • Process of moving through time
  • Journey by ship from one place to another
  • Narrow opening which things can go through

this

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US / ðɪs /

UK / ðɪs /

A1
  • adjecitve
  • Used to indicate something already been discussed
  • Used to indicate something happening around now
  • adverb
  • An indication by a physical motion or gesture
  • A specific amount of
  • determiner
  • Person, thing, or idea near you
  • pronoun
  • Person, thing that has already been discussed

across

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US / əˈkrɔs /

UK / əˈkrɔs,əˈkrɑs /

A1
  • adverb
  • Distance from one side to another
  • (Go) from one side to the other of something
  • Introduction to Video Content
  • Canada's housing market has seen a significant surge in prices, making it increasingly difficult for prospective buyers like 33-year-old Tembeka Pratt to achieve their dream of home ownership. Despite earning a combined annual income of nearly $200,000, Pratt and her fiancé are struggling to save for a home amidst rising wedding costs and skyrocketing housing prices, particularly in cities like Toronto. With the average house price exceeding $1.3 million and the average condo price surpassing $720,000, the income required to afford these properties has become unattainable for many. In fact, it now takes young Canadians an average of 17 years to save for a 20% down payment on an average-priced home, with longer timelines in cities like Vancouver and Toronto. This stark contrast to the past, where it took just five years to save for a down payment in the 1970s, highlights the intergenerational injustice faced by today's young people. Deputy Prime Minister Chrystia Freeland acknowledges the challenges faced by the younger generation and emphasizes the need to address the growing disparity between income and housing prices. Despite a temporary slowdown in price growth due to rising interest rates, housing remains a critical issue in Canada, impacting not only the economy but also societal well-being. Advocacy group Generation Squeeze highlights how housing inflation has become a barrier for aspiring homeowners, particularly newcomers and young workers, who see home ownership as a pathway to stability and wealth creation. As housing continues to be a hot topic in politics and the economy, finding a solution that balances housing affordability and asset appreciation is essential for the future of Canada's housing market and the well-being of its residents.
  • Subtitles section
  • 33-year-old Tembeka Pratt has dreamt of home ownership for a decade.
  • It is a bit heartbreaking that things are the way that they are and, you know, the prices are a little bit much.
  • Together, she and her fiancé make nearly $200,000 annually.
  • They're more than average earners.
  • But with an upcoming wedding to save for and home prices on a tear during the pandemic, she's frustrated her prospects seem bleaker than ever.
  • In Toronto, where the average house price is more than $1.3 million, the annual income needed to afford that is $228,000.
  • The average condo is more than $720,000, which requires nearly $145,000 a year.
  • A young person making a typical amount of money must now work 17 years across Canada to afford a 20% down payment for an average-priced home.
  • In Metro Vancouver and the Greater Toronto Area, it takes 27 years.
  • Ottawa, 14 years.
  • It took just five years in the mid-70s.
  • Deputy PM Chrystia Freeland calls it intergenerational injustice.
  • We had a better shot at buying a home and starting a family than young people today.
  • With interest rates rising to combat inflation, home prices have taken a little breather, but they're still up by about 50% across the country.
  • To bridge that gap, incomes either have to skyrocket or home prices need to come down to earth.
  • In the world of politics and our economy, housing has become this moment where what's benefited parents and grandparents has hurt their children and grandchildren.
  • Advocacy group Generation Squeeze says housing inflation is a bonus to those who own, but a hurdle that's never been as high for those trying to buy.
  • More than just an appreciating asset, for newcomers and young workers, home ownership is a rite of passage.
  • It's something that will outlive you and can create generational wealth.
  • Anne Caviola, Global News, Toronto.