Quote:
Originally Posted by alps
Younger Canadians need to consider emigration. People in my life tend to get pissed off at me when I mention emigration, because they are more nationalistic than they realise, not to mention comfortably housed. But for many of the rest of us, it makes no sense to stay. There are other options. I don't have any faith that Canada will fix the housing crisis because no government will act against the interests of the homeowner class. I'm not going to waste any more of my life here.
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Not an ounce of Nationalism in this body. The only thing keeping me here are my loved ones and a naive hope that maybe some day things will change. I'm becoming increasingly comfortable with saying that I, in fact,
hate this country. Not because it's a particularly horrible place to live in the grand scheme of things (yet). It is a considerably better place to call home than many others in the world.
I don't hate Canadians. I don't hate my fellow working-class citizens. I want the best for everyone. I want dignity, affordability, and the ability to have an acceptable/comfortable quality of life for everyone. I hate the greed. I hate the incompetence. I hate the complete lack of any substantial action to reverse the supersonic speed at which literally everything is getting worse.
The government isn't left-wing enough to build commie blocks and house people for 4% of their gross income. They're not capable of anything but Neo-Liberal bullshit, and we will get the exact same thing for 10 years from the Conservatives. The free market has zero incentive to make things any better. On the contrary, the more property values skyrocket and the more wages plummet, the better things are for a large corporation, wealthy individual, asset owner - or more broadly - capitalist.
There is a 1-bedroom condo for about $220,000 which I'm thinking of making a hail mary and attempting to purchase. This is not within my budget, and I would likely have to draw a small amount from my savings to make ends meet for a few years until I land a substantial raise and pay off my car. It's probably a horrible financial decision, but not getting into the housing market when even the slimmest opportunity presents itself is also probably a horrible financial decision.
The mortgage for this 1-bedroom condo in suburban Dartmouth would be around $1300/mo add up all other housing fees and it'll be around $1800-$1900/mo.
I have a millennial friend who bought a home in 2019 for the same price of around $220,000. It's a 3 bed 2 bath townhouse... And his mortgage is $800/mo.
Okay I'm going to officially stop venting about my personal grievances about the housing crisis (for now).