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Ontario just can’t find the housing that fits its needs, according to a new report out Tuesday which suggests owning the wrong size home is impacting affordability.

The report by the Canadian Centre for Economic Analysis found about 70 per cent of people in Canada’s largest province are living in homes with too little or too much space for their households which affects what the group calls the shelter consumption affordability ratio.

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The study reveals that thousands of baby boomers are among the more than 50 per cent of Ontario households with too much living space — about 20 per cent of people have too little. CANCEA’s data found there are five million unused or spare bedrooms in Ontario.

“Unfortunately, these homeowners have limited options to move within the region if they want to downsize into appropriate housing,” said Paul Smetanin, chief executive of the group, in a statement. “One possible solution is an increase in the supply of gentle density, also known as the missing middle.”