Justin Trudeau and the Liberal party are facing backlash and being blamed for the state of the housing market and the unaffordability in the real estate market. For the federal Liberals, the growing discontent with the state of the housing market is becoming a political threat.

People are saying that, “This has become probably the most important both economic and political problem facing the country right now.”

Conservative Leader Pierre Poilievre has taken direct aim at the Liberals for the state of the housing market, highlighting the dramatic increases in home prices, rents and even interest rates.

According to the Canadian Real Estate Association, the national average price of a home sold was $709,000 in June 2023, up from $455,000 in Oct. 2015, when the Liberals first came to power.

Rent prices have also skyrocketed, with some cities seeing double-digit increases over the last year.

Trudeau has tried to deflect from the housing crisis, recently saying there are limits to what the federal government can do.

"I'll be blunt as well: housing isn't a primary federal responsibility," Trudeau said during a housing announcement in Hamilton on July 31.

His remarks were quickly blasted by Poilievre, who reminded people of earlier promises Trudeau had made on housing where he stated eight years ago that, “he was gonna lower housing costs.”

Experts say the housing crisis poses a great risk to the Government party in the next election if they don't take drastic action soon.

And especially given the significant emphasis the government has put on immigration and the relationship between immigration and the housing market, there is a need to do more.

The province alleged the federal Government is underfunding Ontario by approximately $480 million for housing and homelessness over the term of the National Housing Strategy.

People are saying that, “This is no longer a housing crisis or a homeless crisis, this is a humanitarian crisis.”