No amount of skipping lattés is going to add to make a dent in that difference. (I say this as someone in participates in /r/PersonalFinanceCanada who helps people educate themselves on living with-in their means and saving for the future (while enjoying the present).)
~30 years ago the median house price in Toronto (Canada) was 4x the median household income. It is currently 13x the median income.
* https://www.youtube.com/watch?v=NFlIfg0XoJk&t=47s
No amount of skipping lattés is going to add to make a dent in that difference. (I say this as someone in participates in /r/PersonalFinanceCanada who helps people educate themselves on living with-in their means and saving for the future (while enjoying the present).)