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What isn't turning to shit? Outside of China, everyone is having a bad time. Asia is the canary in the coalmine for a population crisis (while still resisting immigration), Canada and Australia have a housing crisis, there's a general, global economic slowdown.
Relatively speaking, EU aint too bad. And that's mostly because Trump was so comically bad it made most of the continent do a double take on the whole far right thing (it's a shame some countries still chose to slip, but it slowed it down).
I do see a light. But I also think we're in the eye of the storm. It'll get much much worse, then hopefully better if we make it through that.
China is doing worse than the west right now.
I'd just say, Canada has a housing affordability crisis. He have lots of houses maybe not where everyone wants to move to, but there's lots of empty or underutilized houses in Canadian small towns.
This is true in the US as well, more than enough homes/buildings/indoor spaces for everyone. But my rent is nearly 3k for a less than 1000 sq ft, even in a nice area that’s just crazy