Posted May 13, 2023, 4:36 AM
|
Closed account
|
|
Join Date: Jun 2022
Location: KW
Posts: 729
|
|
Quote:
Originally Posted by theman23
How many "young people" do you know?
"Young people" are already renting, cohabiting, waiting by delaying their lives for a far longer period of time than previous generations. "Young people" are not even particularly young anymore.
Only the most well off "young people" are buying the "$1 million McMansions" (more like $2.5 million in much of this country, since $1 million won't even get you a shack in large parts of this country let alone a McMansion). "Young people" are not buying "1 million McMansions" in Kitsilano, they're stretching to buy condos in Maple Ridge because that's all they can afford.
I'm not sure how you can look at all the economic numbers and conclude that Canada is a "bright light". We're literally the worst developed economy in the world. I can only guess you're too busy living it large off the HELOC from your "$1 million Mcmansions" to have noticed.
|
Good post
|