Canada’s housing crisis will do more economic damage than most can imagine.
Not through a crash, but elevated costs force young people to worry about shelter instead of taking risks.
It’s turned into a plutocracy to rent cheap labor to billionaires.
https://t.co/XNUtexgfzs
@jacqui Yes. We have two kids who were unvaccinated at the time due to being too young, and the whole family got sick, but we are all fine. For my wife and I it was a brutal fever and cold, even with 2x vax. Kids had fevers for a couple days but are ok. We got lucky.
you could write thousands of words about British Columbia's floods happening in the aftermath of a world climate conference full of warnings that we're running out of time
or you could look at a single @Ben_Nelms photo
@richardzussman Ask him about soaring home prices and how he will deal with them. National Daycare is amazing but with housing prices going up 20-30% year, won’t all those daycare savings be consumed by higher housing costs if people can’t buy into the market?
Canada pumping home prices 40% higher in a year and telling young adults it would ruin retirements if prices dropped 10%...
... is the government admitting they billed young adults for boomer retirements, and they couldn't before the pandemic.
Never waste a crisis, eh?
#VanRe
@TOAdamVaughan@SabrinaMaddeaux@JustinTrudeau So some landlord with three investment property's "equity" is more important than my family of four's ability to buy a first house? I've saved for years, relocated from high-priced markets to lower-priced markets and yet the ladders keep getting pulled up in front of us.
“We’re a very safe market for foreign investment but we’re not a great market for Canadians looking for choices around housing”
Parliamentary Secretary for Housing @TOAdamVaughan summarizing Canada’s housing market in this @TheAgenda interview 1/
https://t.co/6rO4d4401G
@ronmortgageguy This is the worst policy and I'm done voting Liberal. I have a good management job and work in tech and as first-time homebuyers we're priced out of the market. It affects the whole country. He should act or resign.