This text discusses the issue of housing affordability in Canada, particularly in Kelowna. The Bank of Canada's potential decision to raise interest rates will make mortgages more expensive, making it harder for first-time buyers to afford housing. Luxury high rises are being built, but the only option for those with limited funds are micro-suites, which are too small for a family to live in. Banks may see more foreclosures as people struggle to make mortgage payments, while immigrants arrive in the country with nowhere to live. This situation is creating a housing crisis and solutions are needed.