I don't agree with that point though.
I feel like ANY 40 year old has had multiple opportunities to buy a house through some prime earning years. For example, Calgary in 2016-2018 (32-34 year old years) - you could buy a house for peanuts. Even 2019-2021 (35-37 year old years) had ample opportunities to find some great stuff for low prices.
If your priorities did not include buying a house when you were 32-37 years old, that's fine too but that's not an indication of a broken system.
Now 2022-2024? That's a different story. I'd say that if you're a 30 year old now, even if you had done everything right in those 7-8 years of entry level earning power, it'd be quite the stretch. If you're 30 or younger, you haven't really had that buying opportunity at any point during your earning years and with the current government policy and direction, it's difficult to imagine an opportunity in the foreseeable future.
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