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Old Posted Jun 25, 2024, 3:54 PM
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Changing City Changing City is offline
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Quote:
Originally Posted by logicbomb View Post
The neoliberal policies were structured in the 80's and 90's. The MP's and Prime Minister may be Gen-X'ers and Millennials but they are serving the interest of that demographic with no regard to the younger generation. The prime minister outright stated that home prices need to retain value, primarily for seniors and those near retirement.

https://www.theglobeandmail.com/business/article-trudeau-house-prices-affordability

Recent policies have aimed at bringing an influx of cheap labourers via the LMIA program to care homes across the country (allowing them easier entry to PR).
So the boomers aren't running the government. You're also misquoting the PM. He said "Housing needs to retain its value, It’s a huge part of people’s potential for retirement and future nest egg.” That's not just for the current retired population, it's for all home owners, a majority of whom are neither retired, or boomers. There are now more Gen X and Millennials owning homes than Boomers and Silent generation households.
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