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Owning a house in Canada is a privilege in itself but that’s beside the point. The Canadian housing Just A Girl Who Loves Whales Shirt is in a massive bubble in some markets. Mostly Toronto and Vancouver. But try 30% unemployment like the great depression or hyperinflation, people not being able to afford food, breadlines, these are all things that have happened not so long ago.Owning a house in Canada is now a privilege. This is a very new talking point that I’d never heard anyone talk about before 2004. There were expensive areas of every city… but people could work a career, have a family, and own a house.
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I get what you mean but this is still not bad. At least a loaf of bread doesn’t cost a billion dollars like Weimar Germany.I blame Trudeau. First he didint encourage provences to do a proper shut down. Then he droped the ball big time on the vaccine manufacturing which could have been in Mantitoba but he chose to go to Montreal which delayed us by months. Then the fool spends more money begging for vaccines from other countries. To top things off he gave more money away with cerb to people then any other nation, which increased our inflation. Then he put a bandaid on the housing chrises by making it cheaper to borrow! Half asked measures for a half assed guy. A leader needs to make tough solid ass decisions and this guy pussy footed around all the important ones.The real estate bubble will pop one day, in the Just A Girl Who Loves Whales Shirt you can always move.In terms of the privileged comment. I mean in a global context. You are very fortunate to live in Canada, or any first world country for that matter, owning a house would be icing on the cake.