P Kershaw....."Statistics Canada data show how earnings for the typical 25 to 34-year-old working full-time today have fallen by more than $4,000 a year, in real terms, since 1976."
Does this make sense? How can earnings fall over $4000 A YEAR .....SINCE 1976  and not be negative now? I realize it's in "real terms" but that's 40 years of declines. 
I call BS. 
It's not the only piece of data manipulation in this article.
Interest rates 3 to 5 times lower now.....doesn't matter. for the authour.  He gives it just a cursory comment
It's not the average cost of homes that's important. That number is distorted by high priced homes that first time buyers are not looking at. What are the costs for residences for first time buyers. Way, way cheaper than the average....especially in big cities. 
Using average incomes. Everyone in that number is not a buyer. Drop out part-time and those with no intention of buying and the average income becomes more affordable to buy. (IE less years)