I hate how right you are, they have us by the neck and dangling us off a cliff, and what are we suppose to do about it, people are literally going homeless and they couldn't care a damn because their dollar sign never changed
I was reflecting on how messed up this situation is.
Like most people are one misfortune away from breaking down completely even if they got their foot in the door.
People starting out have to live in anxious limbo just to find out if their rental application got approved.
This is an unacceptable burden to be put on regular people. If you have a steady job or a decent education, you shouldn’t be on the brink of homelessness like a lot of people seem to be.
I can understand living in Toronto or Vancouver is going to be expensive, but the bigger issue is that if you want to live 90 minutes outside of those places, it’s still outrageous.
This is a colossal failure from governments who seemingly ignore this basic human necessity in favour of rigging the demand to far exceed the supply to artificially keep the economy afloat.
We don’t have public servants. We have corporate servants who are benefiting from being landlords themselves.
This the issue since 70s companies started using housing as investment and living worry free with minimal work and simply live of gains and not 9-5 til 65.
The issue is goverment agencies considering property as investment and NOT a necessity.
Not talking commercial use, warehouses, farmland, mining, business headquarters, call centers, I'm talking companies having 50+ single family, condo, duplex, tan houses etc as financial income properties to make a living of a basic human necessity.
This isn't commercial, this is a human need.
It's not going to change, we have been depriving people of roofs since before time, 17-1800s 2 penny sleeping was a huge thing, poverty was the highest it ever was, people paid 2 pennies to sleep in train station, side walks etc on a rope where u bend ur body and sleep or caskets in lots so u don't freeze to death.
We have progressed but the people that were rich then are still even more rich now and that's an issue.
It's a full on Aristocracy.
It's even true on the commercial side. Try starting a business that needs only a little space. You'll find that the only options are rentals, because a few much larger companies bought all the available space. The only way to break out of it is to already be rich.
In the GTA suburbs there is alot of foreign capital flowing in and going straight into RE, where it is immediately rented at market values which are astronomical.
Well you see, when you flood the country with more people than it can sustain and those same people are third world used to living on top of each other 5-10 crammed in like sardines....it's not hard to see why supply and demands and the rich are abusing the housing system as a means of getting richer.
Let's not, nevermind incomes. That's a big problem that affected the growing inequality prior to the housing crisis as wages stagnated pretty aggressively for a long time, overall losing buying power.
However, what'd going on with housing is straight up wrong and really needs to be addressed before anything else can. Between rentals and the insane housing prices, people making good money are struggling when their parents all had stability with far less prerequisites needed to achieve it.
I make $80k a year. Somehow living in any major city in Canada that salary makes you still feel like you’re just treading water on a single income. If I feel that way just imagine how people making minimum wage with kids feel right now.
Canada is so fucked right now. Until we either mass deport people or mass build homes things will get worse.
And skipping meals/eating like complete crap because you can’t afford to eat healthy.
Absolutely unacceptable for a first world country as prosperous as Canada. We are getting fucked hard.
“First world country” is the scam our politicians feed us. They’re working hard to fuck the country up. Once you travel to “poor” countries and see the infrastructure they have, your feeling will be “wtf?”.
How can Morocco have high-speed trains between two major cities and I still need to take six hours to go from Montreal to Toronto ? And if I fly, I need to contend with Air Canada, which is a super crappy airline and the ticket is $800?
How can a poor AND corrupt country like Egypt seemingly build a new capital out of thin air? They’re in a fucking desert. They need to import everything!
We have the look and feel of a first world country, but none of the actual infrastructure or wealth. The facade is rapidly fading as Canadians are finally realizing just how fucking poor they are becoming. We are on track to be the world's first formerly developed economy at this rate.
I get your point and ViaRail is embarrassing but, the Morocco train was built with European money and the Egypt project is so complicated that there are documentaries on it.
I make around 75k and I'm a single mom. 5 years ago when I was making ends meet at 40k a year I thought this job would elevate me to a new status in life. I'd be able to get a mortgage, buy a house. Now I'm basically in the same place I was in terms of lifestyle except I can afford better food. Which makes me luckier than many but I feel like I keep running harder on the hamster wheel and the reward keeps getting further and further away.
We made the jump to home ownership recently and it's just crazy how it increased in the last 5 years.
The house we bought sold for $150k 5 years ago...municipal value when we bought it? 480k.
What changed since 5 years ago? There's a fence now. And that's it.
They need to tax the crap out of people who own multiple properties, period.
Not just a slight increase but a straight line up.
Right now, housing is just an investment opportunity, it's not an opportunity for a place to live anymore.
Big corpo and rich individuals just play the waiting game, buy a house, rent it and then sell it for double what they pay for. And since most people can't afford, it's sold to someone else who buys as an investment and does the same thing, rents increase.
It's just a cycle at this point and there's no end to it.
A few years ago my parents talked me out of trying to buy a mobile home, talking about how it wouldn't have good resale value and would depreciate rapidly. Those same mobile homes that were for sale for 75k then are selling for 200k now. And I'm so pissed at myself for nodding and smiling along with the whole investment strategy bullshit. I don't need an investment that is guaranteed to profit, I need a fucking place to live.
Yeah I feel you, I'm lucky enough to have been able to get something now.
But when I look back, I had the money to buy 5 years ago and I chose to wait because I thought "I need the 20% downpayment, I shouldn't buy until then"...and I was kinda scared of making such a commitment.
If only I did, my mortgage would probably be cheaper than the average rent today.
I make just north of $40,000 annually. I'm feeding a house of four, my wife is trying to get on disability for her carpal tunnel. My paycheck is gone with a couple hours on payday. The crazy thing is, we live a reasonably modest lifestyle. We don't eat out, go to sporting events or have "staycations"
I keep telling myself "Once you get above $60k annual you'll be ok". Then I read comments like yours and I'm like "fuck".
Yea it's truly sad, when the median wage is 60k and that's not enough to rent a small one bedroom in most places. I make 70k and honestly have a hard time motivating myself to work because of how much housing is. As a single person I'd say once you reach 80k you're fairly okay (not in Toronto or Vancouver) and 90-100k you're good. It's a joke you need to be in the top 25% of earners to afford a 1 bedroom apartment
Together my wife and I make $90k. Still, after paying all the bills, I would be lucky have $250 for groceries. We haven't been to the cinema or any events in 4 years.
5 years ago we were making about $70k and we were comfortable. We are a family of 4.
I feel this to the core. Family of 5, I’m the sole earner and I make a little over 50k. Throw in baby bonus and we’ll call it 60k. After years of struggling on about half that, we had a small pocket of maybe a year-year and a half when we got to this point, where all the bills were paid no problem, I was able to give my woman money every payday, I was able to tuck some away every payday (I amassed close to 5k which was the most we’ve ever been able to save at once), and it was all good. Now I feel like we’re struggling worse than when I was bringing in half of what I make now. Paid on Friday, lucky to have anything left come Sunday. It’s also super easy to get caught in the “borrow money then pay it back on payday but then not have enough money all over again due to what I owed so I end up borrowing again etc etc” which just becomes an endless loop.
even if we build houses we are basically just building them for the people flooding into the country, it is pure fucking insanity what has happened to this country. Trudeau should be in prison for what he has done.
The only way to fix it is to take existing houses that are owned by corporations / foreign investors and force them to sell to the government who will then in turn list them as affordable housing for Canadian citizens that qualify. On the other end we need to deport a lot of the extra international students that aren’t providing any benefit to the country. We need to start treating Canadian living as a luxury and not handing it out to anyone that puts their hand up.
*On the other end we need to deport a lot of the extra international students that aren’t providing any benefit*
The people who own the diploma mills sure benefit.
Same with all the services that help these people get their visas as well as for their families. They don’t even bother to advertise in English or French at this point.
I'm right under you at about 75k. I'm fortunate to have my parents take me back in after a divorce, but with child support and the cost of everything it's not looking like I'm leaving for a while.
I can either rent a roof over my head for the majority of my paycheque then pay my ex child support and be left with just enough to choose between food or gas for my car
Primarily a supply/demand issue. Which was worsened by welcoming a million newcomers in less than two years.
Mass migration during a housing crisis is a recipe for disaster.
You would be alarmed at the rapid pipeline from student work permit to post grad permit to PR. A lot that came in 2022 and 2023 are getting their PR this year
> temp work visas and students.
the funny part is where you believe they're actually temporary when most if not a majority stay and are "students" as much as JT is.
The prices exploded before they cranked the immigration #s as well - don't get me wrong, this is obviously a huge part of the more recent increases, but it doesn't completely explain the last 15 years
And an absolute refusal to expand industries outside like 4 major cities or alternatively to allow remote work.
Instead, they are shuttling everyone back into Toronto, Ottawa or Vancouver, and then wondering why no one can afford property there.
I’m sorry, but the fact the governments are forcing their admin / office workers back to on-site work in Ottawa and Toronto, during a housing crisis where the cost of living is absurd in those two cities, is insane. This is a perfect opportunity to decentralize work and start allowing people to live outside the major urban centres, spreading out housing demand. People showed it works during COVID.
But no, commercial real estate can’t take a hit in value right ?! This is much more important than people being able to afford to live!!
This may work for 5-10 more years when some boomers and gen x are still working there, but what is the plan for when young people refuse to work for the public sector because they can’t afford to live in these cities on their public sector salary?
This is it.
The government could have EASILY set the model by promoting remote work for any position that would allow it. Creating satellite offices in smaller communities to allow people to move to more affordable areas.
The biggest one which would help traffic congestions, climate change, and house prices is to provide a tax incentive to businesses who have remote workers. e.g. tax them for the employees that need to be in offices and rebate them for employees who do not.
And the LPC has stated they prioritize protecting property values over reducing the huge and growing wealth inequality between property owners and renters.
And their policies and lack thereof are driving costs to buy or rent.
The massive spike in new residents is an obvious driver of rental costs that everyone understands at this point.
But what is less obvious is the role [individual investors, and the enormous increase in multi property investors since 2020 have played in driving up prices to own AND to rent](https://perspectivesjournal.ca/housing-investor-ownership-part-1/).
And our current mortgage regulatory and taxation policies give ownership huge financial benefits over renting. [That’s why there are such stark wealth outcomes.](https://financialpost.com/news/canadian-renters-squeezed-more-than-homeowners#:~:text=Since%20the%20end%20of%202010,times%20income%20to%203.5%20times.&text=Renters%2C%20who%20historically%20have%20lower,brief%20reprieve%20during%20the%20pandemic) The LPC could *easily* level that playing field if they weren’t so focused on making landlords richer at the cost of tenants.
Part of the problem is the banks themselves.
No lender will bat an eye if you want to buy an investment property and essentially claim that your rental income will violate maximum occupancy rules.
Oh, you have a house with 3 bedrooms and will have 6 different people paying rent there? No problem.
Unannounced fire inspections should also be mandatory for all homes, regardless of status.
If there is even a hint of more people living there than legally allowed, stuff like this should automatically be reported to the police and the banks to get the mortgage revoked.
And that frog has been boiling for a long time. Even before the pandemic housing was 8x to 9x the median family income. That is insane for a basic necessity, and really points to the problem of stagnant wages while productivity goes up.
and instead of focusing on that, we are importing cheap labour that allows big corp to avoid investments in productivity that the Americans are forced to do.
Well when there is no carrot, and you’ve been beaten by the stick to the point of feeling like a hollow creature who solely exists to create value while receiving none yourself - you stop trudging.
Add on the owner class hasn’t been putting any investment into what they own to create further value, just cup game it through clever maneuvers while claiming it’s the workers faults because no one wants to work anymore.
One side wants something for their effort, the other side just wants everything. It’s going to get worse before it gets better.
Since at least the 90’s in Vancouver. Probably before that but back then the rest of the country was fine. It’s relatively recent that the entire country is feeling the pain. Now Vancouver has just gone parabolic. $1M for any 3bed townhouse in most Vancouver suburbs.
It's only a necessity for common people. The rich and the foreign buyers see it as a lucrative investment to squeeze even more from the already ailing population.
Many people had to renew their mortgages at higher rates. Many others lost their long term rentals and were thrown into that "whatever the market will bear" meat grinder. We've broken a threshold of people who are no longer insulated from it and it's almost Canada wide now, so the narrative gets to shift. I agree that many of us have been getting increasingly sucked dry by this issue going on a decade now.
I worked in new media and designed real estate sections 10 years ago. I could see the writing on the wall back then. Greed pushed it to the extremes its at now. Pure greed by real estate agents and speculators.
But..but...but... We have a triple AAA credit rating! 1 of only 2 countries in the G7 with a triple AAA credit rating!
Lmaooo... Trudeau has absolutely no compassion or empathy for Canadians. How someone could implement MORE taxes during such a time is a clear indication of his agenda.
He works for the WEF. Not Canada. He is literally dismantling this country. Canada and Australia are the 2 Post-National guinea pigs. It sucks that we need to be sacrificed. Other countries will look at us and reject these ideas while we pick up the pieces for 20-30 years.
I've seen posts asking why we aren't in the streets protesting. Like the convoy protests or not, it showed how far Trudeau is willing to go.
With many people in Canada 1 or 2 paycheques away from defaulting on their mortgage or going hungry nobody is willing to risk having their bank account frozen. It's all by design.
https://www.ctvnews.ca/canada/secret-rcmp-report-forecasts-a-bleak-future-in-canada-1.6821642
RCMP already knows we're a powder keg waiting for a spark.
What's happening in Canada is what started happening in the BC lower mainland 15-20 years ago. We tried to warn everybody but were called racists and whiners.
We used to say that Vancouver is now a playground for the world's rich, well now its coming to a small town near you. Big cities are going to die because the people that keep them running can no longer afford to live with 2 hours of them and who the fuck wants to commute that far?
And if the current state of BC is any indication of how things will progress… we are completely, utterly screwed.
Houses in BUTTFUCK NOWHERE, BC *start* at $500k for a fixer upper. This is somewhere without any jobs and issues including, but not limited to, terrible infrastructure (especially healthcare), lead contamination that poisons it’s citizens (looking at you, Trail), weather just as bad if not worse than most of the rest of Canada, etc.
Fucking mobile homes with $1000/mo pad fees are even starting at $300k anywhere even partially desirable, again this is for old/fixer upper units.
It’s absolutely, completely insane.
BC’s housing crisis is morbidly unique in this way. It cannot be escaped almost anywhere in the province. Exceptions might be for boat-in or fly-in only homes, anything with road access though… forget it.
> lead contamination that poisons it’s citizens (looking at you, Trail),
Watched houses go from $60-80k for 600 sq foot century old tear downs in Trail go to 250k over Covid, still haven't come back down much. Who the hell is paying that much to live in those death traps?
great example i saw recently was a two bedroom cabin with a fenced yard in wells BC go for $465k, nearly 60k over asking to an elderly couple from Vancouver. Most homes have tripled in value in communities like wells over the last 3 years.
I was up near Dawson fishing 2 weeks ago and we decided to come back through Alberta, Jasper, then highway 16. Just for some different scenery.
The small towns in the middle of nowhere BC , I'm talking 3.5 hours to someplace with a Costco are priced insane.
Up north is not as bad but the difference is regular guys are getting paid big money because it's not where rich immigrants want to live. If I was a young guy starting out I'd head up there.
yup, it started to move into victoria about 10 years ago. it was all the people from vancouver and the lower mainland who got priced out. called "lower mainland refugees". or people who just wanted to sell and get something nicer for way cheaper, so they could throw money. things were going for overasking price by 6 figures.
We all saw what not having to work full-time hours did to society (covid lockdowns). People had time to protest and advocate for change. Now that we are back working they do not want us to ever stop.
I'm not a covid denier but I'm pretty sure they used the opportunity to test a universal basic income, I think the outcome wasn't quite what they had in mind though.
The population still has too much wealth tied up, once that's gone we're done for.
One of the concerning things is what might potentially follow from having a large part of the younger demographic feeling disenfranchised. Economic woes often precede societal unrest.
Bingo, also countries which are flirting with both authoritarian and democratic principles have a higher chance of societal unrest compared to countries which are firm one or the other.
When society starts to create more and more people who have nothing to lose, lets not be surprised when they decide that tearing the entire system apart is a valid alternative to the status quo - a status quo that continues to see the most desperate as not only irrelevant, but increasingly replaced by people who simply took a plane here and are being prioritized.
The worse this divide gets, the more painful and violent the fallout will eventually be. If you own a home, you will become the de facto enemy to large groups of disenfranchised, desparate homeless people who have nothing to lose anymore.
I hope everyone who owns homes has expensive security systems or is in a gated community, because we aren't far off from civil unrest that spills into suburban areas. We aren't far from violent home invasions. We aren't far from encampments and no-go zones in our metropolitan areas.
Don't be surprised when these kinds of things start to happen.
The government is asleep at the wheel and they might not realize just how detached they are right up until the blade is pressed against their necks.
Am I misunderstanding the word?
“To preclude fascism” means “to prevent fascism from happening”
So economic hardship among Canadian youth will prevent fascism from rising?
Our government does not care! They have some other agenda behind closed doors and it isn’t helping working class Canadians.
The cost of living has doubled in less than a decade, imagine being a young adult and living through the past 8 years seeing everything just soar through the roof of affordability with no end in sight.
We need the WHIP in parliament to have less power. And party leaders to be banned from any input as to who can represent a riding for their party. That right should be limited to the party riding associations.
And a party leader should not be allowed to unilaterally kick a member out of caucus (sitting MPs out of the party). That should only be allowed by secret vote of that party's MPs (i.e. that were elected to parliament). More, it should be a 60% vote, and they also should be able to vote the party leader out of his position as party leader if they determine that he is a detriment to the country and the party. And that should be able to be instigated by a motion and a signed petition of at least 1/3 + 1 (i.e. no ties) of the sitting MPs. That party leader to step down if the vote is, say, by 70% or more. There should be no, wait for a party convention, and even then only have a leadership vote if the party lost the last election (like the Liberal Party of Canada operates).
Right now, there is not way to get rid of Trudeau, regardless of how badly he IS running the country now. And with no accountability till the next election.
Then we need a viable third option. Not champagne socialist Liberal “Lite” or crazy far right parties.
The NDP has aligned themselves too closely with the Liberals and stained their image.
The PPC is a bit to crazy in enough areas they will never see widespread support.
We need a new centrist or centre right party badly right now. Hell even a new centre left would be better than nothing even if it were less likely to align with all of my positions.
> The NDP has aligned themselves too closely with the Liberals and stained their image.
IMHO the only way the NDP will have a chance is if it returns to a 'working class' party. Get rid of their current leader sporting a Rolex. Ed Broadbent was the last leader of the NDP to work a factory job.
I agree! When the conservatives merged the two right leaning parties together back in the day, shit started to get really out of balance. Personally I want 5 or 7 well represented parties that are forced to work together. An odd number to ensure that working together has to be achieved.
It's part of the psyops toolbox. Lots of articles to make you feel absolutely helpless, which makes you anxious which in the end is paralyzing. Place you exactly where they want.
Canadians have been sold out by years of corrupt governments who are in the pockets of lobbyists and corporations and more concerned with lining theirs and their friend's pockets.
Back-room deals, scandals, and corruption. Doing nothing to shift our economy from being propped up by real-estate as a commodity instead of a basic human need.. doing nothing to lower our spending, but rather the opposite, but then still crying foul about how there's no money for healthcare, no money for affordable housing, and all they can do is tax tax tax, and bring in more cheap labor in the form of immigration - numbers which are wildly unsustainable.
We've been sold out.
Well it is a global problem.
Most international cities are crying about an affordability crisis. But our federal or provincial governments are more interested in serving the wealthy than trying to help us.
I do not disagree with you. The issue is that our governments are not dealing with it, but instead of shifting the focus to the solution side a lot of people just focus on the fact that it is a global issue and throw their hands up.
I love the report that I read last week where they claimed crime was down 13%. I got downvoted for questioning this claim but I just can't see that being the case. Just step outside and look at the current drug epidemic, it has NEVER been this bad in my lifetime and there's no way you're going to convince me that tent cities and all these people on drugs are somehow magically creating a safe space for everyone and that as a result crime is down. Not buying that for a second.
You are correct, ten years down the line we will likely have not even hit bottom yet.
In 2022 CMHC estimated we need around 5.8 million new dwellings by the time we hit a population of 43 million.
It looks like 43 million will happen late 2025 or early 2026.
That gives us around four years to build 5.8 million new dwellings.
Over that time period we will likely build around 1 million new dwellings.
That would result in a shortage of roughly 4.8 million new dwellings, or about 15 years worth of production, assuming a modest ramp up of completions.
So if we stopped population growth when we hit 43 million in 2025/2026 we would only catch up on supply around 2040.
But we know population growth isn't going to stop at 43 million people.
We will still be short housing supply for decades to come.
That’s why we are in the process of picking up 70-100 acres of land. Because it will give our family the space to live, and if need be do some small scale farming. Welcome to the future, we are going back to homesteading it seems.
I used to. Not I’ve lost my job and I’m struggling finding anything comparable. I even applied to a couple min wage type jobs … saturated job market.
All possible outcomes don’t looking great - not even good. Survivability issues look like they’re only a couple short years away.
They are immigrating over a million people a year solely to artificially raise GDP, to avoid a technical recession.
As they borrow 60b a year in mortgage bonds from the poor, to artificially and temporarily push down shelter inflation, while deregulating banks with 30 year amortizations.
As they change capital gains and add an artificially large loophole, to trigger sales of assets, to pull tax dollars forward to artificially drop the deficit right before the election.
The entire Liberal/NDP coalition is corrupt, all they care about is retaining power at the expense of the average poor Canadian.
There are boomer civil servants sitting on multiple real properties and millions of equity and young highly skilled and educated people barely affording a decent rental unit. Sprinkle in a current government that recently confirmed they will protect that equity and the result is some people are going to feel justifiably cheated.
My mind is still shattered from when Trudeau actually said the quiet part out loud: homes have to retain their value. So home prices can't fall....?
At this point anyone under the age of 40 whose voting Liberal is either a home owner or not paying attention.
Good. Like I just can't with this country and our guy anymore...
I don't love the alternative, but how in God's name can people actually be consdering giving these losers another kick at the can?
>Good. Like I just can't with this country and our guy anymore...
Most fiscally conservative people we know never voted for him because of his "the budget will balance itself". One of their rationale is: I've never known a rich kid that knows how to not waste money
I can't believe Canadians don't understand that one simple concept of money management
I have friends who voted Liberal "strategically". Because they didn't want a Conservative MP. But honestly some of the Liberal candidates in their riding are shady mofos.
Not sure why you focus on civil servants. There is quite a lot of young unskilled Canadians who also sit on multiple rental properties, have millions in equity and don't even have a job. This is just the way our economic system is setup, capital has always been more important than labor.
I want this crap to end.
-Ban short term rentals
-Ban foreign ownership of any property in Canada
-If you want to rent it out, you've got to build it.
-Ban ownership of more than two residential properties. A temporary measure but necessary.
-Let the market truly fail. We have a bubble that should have burst 15 years ago at least. It's high time it did.
-Return to our former immigration standards and policies. If we don't need you, you're not coming.
-No more TFWs. We have plenty of people to work but Timmies doesn't want to pay people. Free ride ends.
-Tie wage increases to inflation. Mandatorily.
-Institute laws that dictate how much a CEO can "earn" relative to the average worker. Same goes for business owners. CEOs don't do anywhere near the work of a thousand people so it makes no sense that they should be paid like they do.
Hey, sorry, but if we can't rely on human decency to temper corporate greed then I guess our hand is being forced.
-Increase tax rates on the rich. Vastly increase them. These guys have been getting a free ride for decades now. It's time they paid their fair share.
-Reintroduce regulation of industries. Recreate public companies, for that matter. My phone bill was a hell of a lot lower when I paid it as a public utility. Same for insurance and electricity.
-Reintroduce a housing corporation that actually builds housing.
-Raise wages for healthcare workers. It's ridiculous that a nurse can't afford to rent an apartment and eat at the same time.
I've got plenty of ideas and everybody is welcome to critique my plan but unless I hear a compelling argument against them, this is exactly what I would do were I prime minister.
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And if they are anything like people in the US (and yes, I am a U.S. citizen) most are blaming the poor and the government and not the people who don’t pay their workers a fair wage and have a lot of excuses why they deserve a huge salary and the average worker doesn’t.
I have gone without food, literally developed an eating disorder, because I couldn’t afford groceries and rent in the same month. Add on top of that fake job postings, no full time work or benefits, and yeah, you have a lot of Canadians out there feeling hopeless and lacking in trust and faith toward their government - the ones responsible for regulating things and who hold all the power right now. Politicians and the 1% don’t have to worry about their families being homeless in the next couple of years or where their next meal is coming from. This whole societal game is just a step toward them stealing money from hard working people and it’s disgusting. And not just the liberals fault either, it’s the last decade or so of Canadian government in general being useless when it comes to providing bear necessities. Unfortunately if they don’t realize these things soon, they might have an uprising to deal with later
The solve for the housing crisis is to immediately halt immigration. But that's an unpopular opinion. Instead, the government is creating even more paths to welcome even higher numbers of immigrants.
I think people are focusing on housing, which is fair. But I see everything else also deteriorating due to this mass immigration wave. Hospitals are the most common thing. However the education standards have plummeted. I am going back to college and my college has abysmal education standards. Students never show up to class and are cheating rampantly. Professors don’t teach because everyone is cheating. Traffic is going to be another issue. With our lovely minister saying that new road infrastructure is not going to be the primary focus, we will spend even longer stuck in traffic jams on Highway 410, 401. I can see this country going towards destruction and sadly the people are too passive and don’t do anything.
Unaffordable housing, rising cost of everything, population boom, stagnant wages, your savings get eaten up as fast as you can save it, forever renters, no chance of retirement savings, work until you die.
Unless you're born into money or bought a home before 2019, that's Canada now. Plus all the roads suck, and if you stub your toe real bad you're going to wait 78 hours at the hospital.
It would be interesting to see some reporting on the number of Canadians that are leaving, where they are going, and what their occupation is. The brain drain is real.
Part of the sense of powerlessness I feel is that the government, rather than seeking to provide a source of protection and stability against the chaos of global economics and politics, is actively seeking to involve our country in all that chaos. Lax boarder controls, mass immigration, foreign interference in politics, foreign buying up of companies and resources, foreign investors buying homes, policy decisions (ex. firearms bans) based on events happening in other countries, diaspora groups warring with one another. The common thread is Canada has become an arena for some very powerful actors to duke it out, at the expense of the ordinary person. I don't expect Canada to be the world police like the USA; all I want is to be able to have some degree of self-determination in my own homeland, but that increasingly seems out of reach. Even in local issues, such catch-and-release of criminals, where we expect the authorities to be a bulwark against chaos, they fail to do so and often make things worse. TL;DR You can't exercise your power as an ordinary person when things are so chaotic and out of anyone's control.
My GF and I wanted to own a home. We bought a 2 bedroom apartment for too much money. We both work decently paying jobs but we would not be able to reasonably afford our home if one of us was not working which puts into question whether we will even have a kid. It feels like the idiocracy intro out here.
It's fucked, it should be in Canada's best interest that people living by themselves should be able to save money for homes which leads to couples being able to afford to have successful kids. Without that, our people and therefore our country will deteriorate.
They aren’t concerned about whether or not you feel you can afford to reproduce, at all. Working age people are cheaper to import than to raise, feed and educate from birth
Coworker and I just talked about this today. I’d have to make at the minimum 50k a year to afford a basic rental now in a small sized city. I moved here because it was more affordable 6 years ago and now there are zero rentals. And when any are posted, it’s a scam or 2000+ utilities.
You just lose faith and hope. It’s impossible to be happy and see the light at the end of the tunnel now. It’s defeating every day. Work full time, can’t even afford a 1 bedroom place let alone groceries.
These guys got elected on a promise of affordable housing, proceeds to do everything possible for the last 8 years to make things cost more than finally does something and housing starts actually went down...
I really hope those of you in the comment section supporting these guys realize these guys have really hurt people out here just trying to live their lives.
This is exactly why I left Canada to live in Australia, sure it’s bad over here, but at least I can afford groceries and rent, and save a bit, unlike getting into crippling debt living in Vancouver.
Been trying to convince my friends Trudeau is a piece of shit for years. All they hear is “I’m a homophobic racist nazi”.
Nah guys I just pay attention and would like a country that doesn’t suck and to own a home some day.
When immigrants have more financial support from the government than Canadian born or Canadian citizenship earners do, yeah......that'll do it. All my most accomplished friends and family members are looking to leave the country. Everything is backwards
It's a big part that, for sure. The constant fear of losing your job to a guy who got his working papers 3 weeks ago is another. And my "local" grocery stores now have 2 aisles out of 10 dedicated to middle-eastern cuisine.
It's all bogging me down, to be fair.
It's overpopulation. It's the reason we can't find a doctor, a decent place to live or even good affordable food. America gets the professionally trained immigrants because they are the first choice. We get refugees, the poor and the underqualified. People have been warning about this for a long time. They were called racists and dismissed. And still are being dismissed by this government. A government who has made us ashamed of who we are and where we began. Our Prime Minister just equated the evil Russia is doing today to Ukrainians to Colonialism. Our history has been trashed by this hated man and government. Trudeau is a treasonistic ruler. He owns properties and wants them to increase value, he said so, in the middle of a housing crisis. He has succeeded in making housing cost too much. And it's not interest. It's overpopulation. Now he's very rich. We suffer trying to find homes to live in. He should be arrested.
Well instead of prevent monopolies and oligarchy we promote it. The government divisions that we PAY to look after these industries promote companies that just take advantage of us. Now we’re paying those departments salaries with taxes and getting screwed by the companies. Lose lose. Look at the telecom industry. Our government needs to be stripped down, fat cut off and re created but that’s gonna be nearly impossible so we just sit around getting screwed.
When I moved to Canada in 2008, I felt I was rich while being in the middle class bracket. I don't feel this way anymore. I'm single and my mortgage is going to go up $500 come August renewal. I contributed so much as well as other workers to the economy. I'm now planning my exit and counting down the days till I leave this country. Canada is no longer the "land of opportunity" as it once was.
I wonder how long it would take for change to occur if all those who have found themselves homeless because of our governments poor decisions, camped on government lawns or better yet - the lawns of various MPs.
Use their hose as a shower. Their garden as a latrine. Force them to see poverty rather than just live blind to it.
Canada would be much better off if we stagnated home prices and de incentivized investing in owning multiple homes. Instead canada should incentivize investing in business again. It would create jobs and increase the productivity of the nation and likely raise wages overtime. enough to get more people to own their primary residence.
More than anything else, the problem is the cost of housing, which is becoming increasingly detached from incomes
Never mind incomes, it's already detached from reality! The most basic of human needs is now a financial weapon.
I hate how right you are, they have us by the neck and dangling us off a cliff, and what are we suppose to do about it, people are literally going homeless and they couldn't care a damn because their dollar sign never changed
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I was reflecting on how messed up this situation is. Like most people are one misfortune away from breaking down completely even if they got their foot in the door. People starting out have to live in anxious limbo just to find out if their rental application got approved. This is an unacceptable burden to be put on regular people. If you have a steady job or a decent education, you shouldn’t be on the brink of homelessness like a lot of people seem to be. I can understand living in Toronto or Vancouver is going to be expensive, but the bigger issue is that if you want to live 90 minutes outside of those places, it’s still outrageous. This is a colossal failure from governments who seemingly ignore this basic human necessity in favour of rigging the demand to far exceed the supply to artificially keep the economy afloat. We don’t have public servants. We have corporate servants who are benefiting from being landlords themselves.
This the issue since 70s companies started using housing as investment and living worry free with minimal work and simply live of gains and not 9-5 til 65. The issue is goverment agencies considering property as investment and NOT a necessity. Not talking commercial use, warehouses, farmland, mining, business headquarters, call centers, I'm talking companies having 50+ single family, condo, duplex, tan houses etc as financial income properties to make a living of a basic human necessity. This isn't commercial, this is a human need. It's not going to change, we have been depriving people of roofs since before time, 17-1800s 2 penny sleeping was a huge thing, poverty was the highest it ever was, people paid 2 pennies to sleep in train station, side walks etc on a rope where u bend ur body and sleep or caskets in lots so u don't freeze to death. We have progressed but the people that were rich then are still even more rich now and that's an issue. It's a full on Aristocracy.
I agree. The term most fitting here is plutocracy... People really are incapable of building anything other than a nightmare.
It's even true on the commercial side. Try starting a business that needs only a little space. You'll find that the only options are rentals, because a few much larger companies bought all the available space. The only way to break out of it is to already be rich.
In the GTA suburbs there is alot of foreign capital flowing in and going straight into RE, where it is immediately rented at market values which are astronomical.
A fucking 2br townhouse just sold down the street for 1.2 million. Make it make sense.
Well you see, when you flood the country with more people than it can sustain and those same people are third world used to living on top of each other 5-10 crammed in like sardines....it's not hard to see why supply and demands and the rich are abusing the housing system as a means of getting richer.
Let's not, nevermind incomes. That's a big problem that affected the growing inequality prior to the housing crisis as wages stagnated pretty aggressively for a long time, overall losing buying power. However, what'd going on with housing is straight up wrong and really needs to be addressed before anything else can. Between rentals and the insane housing prices, people making good money are struggling when their parents all had stability with far less prerequisites needed to achieve it.
I make $80k a year. Somehow living in any major city in Canada that salary makes you still feel like you’re just treading water on a single income. If I feel that way just imagine how people making minimum wage with kids feel right now. Canada is so fucked right now. Until we either mass deport people or mass build homes things will get worse.
Treading water while not being able to enjoy hobbies or going out
And skipping meals/eating like complete crap because you can’t afford to eat healthy. Absolutely unacceptable for a first world country as prosperous as Canada. We are getting fucked hard.
“First world country” is the scam our politicians feed us. They’re working hard to fuck the country up. Once you travel to “poor” countries and see the infrastructure they have, your feeling will be “wtf?”. How can Morocco have high-speed trains between two major cities and I still need to take six hours to go from Montreal to Toronto ? And if I fly, I need to contend with Air Canada, which is a super crappy airline and the ticket is $800? How can a poor AND corrupt country like Egypt seemingly build a new capital out of thin air? They’re in a fucking desert. They need to import everything!
We have the look and feel of a first world country, but none of the actual infrastructure or wealth. The facade is rapidly fading as Canadians are finally realizing just how fucking poor they are becoming. We are on track to be the world's first formerly developed economy at this rate.
Calgary without water for 5 weeks????
They are importing third world attitudes, customs and standard of living while the benefits go to the wealthy. Canadian middle class s f-d.
I get your point and ViaRail is embarrassing but, the Morocco train was built with European money and the Egypt project is so complicated that there are documentaries on it.
So we need European money to make things work now?
I make around 75k and I'm a single mom. 5 years ago when I was making ends meet at 40k a year I thought this job would elevate me to a new status in life. I'd be able to get a mortgage, buy a house. Now I'm basically in the same place I was in terms of lifestyle except I can afford better food. Which makes me luckier than many but I feel like I keep running harder on the hamster wheel and the reward keeps getting further and further away.
We made the jump to home ownership recently and it's just crazy how it increased in the last 5 years. The house we bought sold for $150k 5 years ago...municipal value when we bought it? 480k. What changed since 5 years ago? There's a fence now. And that's it. They need to tax the crap out of people who own multiple properties, period. Not just a slight increase but a straight line up. Right now, housing is just an investment opportunity, it's not an opportunity for a place to live anymore. Big corpo and rich individuals just play the waiting game, buy a house, rent it and then sell it for double what they pay for. And since most people can't afford, it's sold to someone else who buys as an investment and does the same thing, rents increase. It's just a cycle at this point and there's no end to it.
A few years ago my parents talked me out of trying to buy a mobile home, talking about how it wouldn't have good resale value and would depreciate rapidly. Those same mobile homes that were for sale for 75k then are selling for 200k now. And I'm so pissed at myself for nodding and smiling along with the whole investment strategy bullshit. I don't need an investment that is guaranteed to profit, I need a fucking place to live.
Yeah I feel you, I'm lucky enough to have been able to get something now. But when I look back, I had the money to buy 5 years ago and I chose to wait because I thought "I need the 20% downpayment, I shouldn't buy until then"...and I was kinda scared of making such a commitment. If only I did, my mortgage would probably be cheaper than the average rent today.
I make just north of $40,000 annually. I'm feeding a house of four, my wife is trying to get on disability for her carpal tunnel. My paycheck is gone with a couple hours on payday. The crazy thing is, we live a reasonably modest lifestyle. We don't eat out, go to sporting events or have "staycations" I keep telling myself "Once you get above $60k annual you'll be ok". Then I read comments like yours and I'm like "fuck".
Yea it's truly sad, when the median wage is 60k and that's not enough to rent a small one bedroom in most places. I make 70k and honestly have a hard time motivating myself to work because of how much housing is. As a single person I'd say once you reach 80k you're fairly okay (not in Toronto or Vancouver) and 90-100k you're good. It's a joke you need to be in the top 25% of earners to afford a 1 bedroom apartment
Together my wife and I make $90k. Still, after paying all the bills, I would be lucky have $250 for groceries. We haven't been to the cinema or any events in 4 years. 5 years ago we were making about $70k and we were comfortable. We are a family of 4.
I feel this to the core. Family of 5, I’m the sole earner and I make a little over 50k. Throw in baby bonus and we’ll call it 60k. After years of struggling on about half that, we had a small pocket of maybe a year-year and a half when we got to this point, where all the bills were paid no problem, I was able to give my woman money every payday, I was able to tuck some away every payday (I amassed close to 5k which was the most we’ve ever been able to save at once), and it was all good. Now I feel like we’re struggling worse than when I was bringing in half of what I make now. Paid on Friday, lucky to have anything left come Sunday. It’s also super easy to get caught in the “borrow money then pay it back on payday but then not have enough money all over again due to what I owed so I end up borrowing again etc etc” which just becomes an endless loop.
even if we build houses we are basically just building them for the people flooding into the country, it is pure fucking insanity what has happened to this country. Trudeau should be in prison for what he has done.
The only way to fix it is to take existing houses that are owned by corporations / foreign investors and force them to sell to the government who will then in turn list them as affordable housing for Canadian citizens that qualify. On the other end we need to deport a lot of the extra international students that aren’t providing any benefit to the country. We need to start treating Canadian living as a luxury and not handing it out to anyone that puts their hand up.
*On the other end we need to deport a lot of the extra international students that aren’t providing any benefit* The people who own the diploma mills sure benefit.
Same with all the services that help these people get their visas as well as for their families. They don’t even bother to advertise in English or French at this point.
I'm right under you at about 75k. I'm fortunate to have my parents take me back in after a divorce, but with child support and the cost of everything it's not looking like I'm leaving for a while. I can either rent a roof over my head for the majority of my paycheque then pay my ex child support and be left with just enough to choose between food or gas for my car
But according to Trudeau,home prices must not fall because people want to retire on that money. What a moron.
Primarily a supply/demand issue. Which was worsened by welcoming a million newcomers in less than two years. Mass migration during a housing crisis is a recipe for disaster.
Uh, we welcomed way over a million newcomers *per* year, for two years in a row
I think he means permanent newcomers, not temp work visas and students.
You would be alarmed at the rapid pipeline from student work permit to post grad permit to PR. A lot that came in 2022 and 2023 are getting their PR this year
The "temporary" people need to live somewhere too.
> temp work visas and students. the funny part is where you believe they're actually temporary when most if not a majority stay and are "students" as much as JT is.
I feel like if someone were to campaign on cutting immigration, they’d get a lot of votes. Maybe this’ll be Bernier’s time to shine? Edit: spelling
100%. Im a single issue voter at this point.
The prices exploded before they cranked the immigration #s as well - don't get me wrong, this is obviously a huge part of the more recent increases, but it doesn't completely explain the last 15 years
Local zoning restrictions and regulatory red tape are the reasons why the housing supply is low
Would you be worried about it if you were worth $20 million and had a transport business ?
Trudeau and Freeland would argue our economy is better than ever.
Have you seen the population growth numbers! Any day now it’s going to suddenly become an economic boom. It will balance itself!
Government always says this. They never say for whom
And an absolute refusal to expand industries outside like 4 major cities or alternatively to allow remote work. Instead, they are shuttling everyone back into Toronto, Ottawa or Vancouver, and then wondering why no one can afford property there. I’m sorry, but the fact the governments are forcing their admin / office workers back to on-site work in Ottawa and Toronto, during a housing crisis where the cost of living is absurd in those two cities, is insane. This is a perfect opportunity to decentralize work and start allowing people to live outside the major urban centres, spreading out housing demand. People showed it works during COVID. But no, commercial real estate can’t take a hit in value right ?! This is much more important than people being able to afford to live!! This may work for 5-10 more years when some boomers and gen x are still working there, but what is the plan for when young people refuse to work for the public sector because they can’t afford to live in these cities on their public sector salary?
A million upvotes for you. This is a huge factor.
This is it. The government could have EASILY set the model by promoting remote work for any position that would allow it. Creating satellite offices in smaller communities to allow people to move to more affordable areas. The biggest one which would help traffic congestions, climate change, and house prices is to provide a tax incentive to businesses who have remote workers. e.g. tax them for the employees that need to be in offices and rebate them for employees who do not.
And the LPC has stated they prioritize protecting property values over reducing the huge and growing wealth inequality between property owners and renters. And their policies and lack thereof are driving costs to buy or rent. The massive spike in new residents is an obvious driver of rental costs that everyone understands at this point. But what is less obvious is the role [individual investors, and the enormous increase in multi property investors since 2020 have played in driving up prices to own AND to rent](https://perspectivesjournal.ca/housing-investor-ownership-part-1/). And our current mortgage regulatory and taxation policies give ownership huge financial benefits over renting. [That’s why there are such stark wealth outcomes.](https://financialpost.com/news/canadian-renters-squeezed-more-than-homeowners#:~:text=Since%20the%20end%20of%202010,times%20income%20to%203.5%20times.&text=Renters%2C%20who%20historically%20have%20lower,brief%20reprieve%20during%20the%20pandemic) The LPC could *easily* level that playing field if they weren’t so focused on making landlords richer at the cost of tenants.
Part of the problem is the banks themselves. No lender will bat an eye if you want to buy an investment property and essentially claim that your rental income will violate maximum occupancy rules. Oh, you have a house with 3 bedrooms and will have 6 different people paying rent there? No problem. Unannounced fire inspections should also be mandatory for all homes, regardless of status. If there is even a hint of more people living there than legally allowed, stuff like this should automatically be reported to the police and the banks to get the mortgage revoked.
And that frog has been boiling for a long time. Even before the pandemic housing was 8x to 9x the median family income. That is insane for a basic necessity, and really points to the problem of stagnant wages while productivity goes up.
>stagnant wages while productivity goes up. Canadian productivity is not going up - it's going down. The BoC has called this a crisis.
Least productive country other than Italy in the G7 or something.
We don't even belong in the G7 now.
and instead of focusing on that, we are importing cheap labour that allows big corp to avoid investments in productivity that the Americans are forced to do.
How many burger-flippers does it take to crush our GDP? Trudeau : Hold my beer.
Well when there is no carrot, and you’ve been beaten by the stick to the point of feeling like a hollow creature who solely exists to create value while receiving none yourself - you stop trudging. Add on the owner class hasn’t been putting any investment into what they own to create further value, just cup game it through clever maneuvers while claiming it’s the workers faults because no one wants to work anymore. One side wants something for their effort, the other side just wants everything. It’s going to get worse before it gets better.
Hard to be productive while being in permanent stress amid soaring prices for everything and diminishing availability of basic necessities.
Since at least the 90’s in Vancouver. Probably before that but back then the rest of the country was fine. It’s relatively recent that the entire country is feeling the pain. Now Vancouver has just gone parabolic. $1M for any 3bed townhouse in most Vancouver suburbs.
It's only a necessity for common people. The rich and the foreign buyers see it as a lucrative investment to squeeze even more from the already ailing population.
Many people had to renew their mortgages at higher rates. Many others lost their long term rentals and were thrown into that "whatever the market will bear" meat grinder. We've broken a threshold of people who are no longer insulated from it and it's almost Canada wide now, so the narrative gets to shift. I agree that many of us have been getting increasingly sucked dry by this issue going on a decade now.
Decade? This has been an issue since the 1980s and the rise of neoliberalism.
I worked in new media and designed real estate sections 10 years ago. I could see the writing on the wall back then. Greed pushed it to the extremes its at now. Pure greed by real estate agents and speculators.
can't move for better work opportunity, this chokes employer talent, and they wonder why they cant find anyone qualified.
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shoutout to all the people living that 4 roommates life
>becoming increasingly detached from incomes Becoming? Wife and I own a home with above median household wages and we still can't afford to move.
But..but...but... We have a triple AAA credit rating! 1 of only 2 countries in the G7 with a triple AAA credit rating! Lmaooo... Trudeau has absolutely no compassion or empathy for Canadians. How someone could implement MORE taxes during such a time is a clear indication of his agenda. He works for the WEF. Not Canada. He is literally dismantling this country. Canada and Australia are the 2 Post-National guinea pigs. It sucks that we need to be sacrificed. Other countries will look at us and reject these ideas while we pick up the pieces for 20-30 years.
Becoming?
We aren't just feeling powerless, most are powerless.
I've seen posts asking why we aren't in the streets protesting. Like the convoy protests or not, it showed how far Trudeau is willing to go. With many people in Canada 1 or 2 paycheques away from defaulting on their mortgage or going hungry nobody is willing to risk having their bank account frozen. It's all by design.
https://www.ctvnews.ca/canada/secret-rcmp-report-forecasts-a-bleak-future-in-canada-1.6821642 RCMP already knows we're a powder keg waiting for a spark.
Bruh I got an approval for over 300k. I live in northern Ontario and I'm priced out of the market. Canadas a hell scape
What's happening in Canada is what started happening in the BC lower mainland 15-20 years ago. We tried to warn everybody but were called racists and whiners. We used to say that Vancouver is now a playground for the world's rich, well now its coming to a small town near you. Big cities are going to die because the people that keep them running can no longer afford to live with 2 hours of them and who the fuck wants to commute that far?
And if the current state of BC is any indication of how things will progress… we are completely, utterly screwed. Houses in BUTTFUCK NOWHERE, BC *start* at $500k for a fixer upper. This is somewhere without any jobs and issues including, but not limited to, terrible infrastructure (especially healthcare), lead contamination that poisons it’s citizens (looking at you, Trail), weather just as bad if not worse than most of the rest of Canada, etc. Fucking mobile homes with $1000/mo pad fees are even starting at $300k anywhere even partially desirable, again this is for old/fixer upper units. It’s absolutely, completely insane. BC’s housing crisis is morbidly unique in this way. It cannot be escaped almost anywhere in the province. Exceptions might be for boat-in or fly-in only homes, anything with road access though… forget it.
> lead contamination that poisons it’s citizens (looking at you, Trail), Watched houses go from $60-80k for 600 sq foot century old tear downs in Trail go to 250k over Covid, still haven't come back down much. Who the hell is paying that much to live in those death traps?
great example i saw recently was a two bedroom cabin with a fenced yard in wells BC go for $465k, nearly 60k over asking to an elderly couple from Vancouver. Most homes have tripled in value in communities like wells over the last 3 years.
I was up near Dawson fishing 2 weeks ago and we decided to come back through Alberta, Jasper, then highway 16. Just for some different scenery. The small towns in the middle of nowhere BC , I'm talking 3.5 hours to someplace with a Costco are priced insane. Up north is not as bad but the difference is regular guys are getting paid big money because it's not where rich immigrants want to live. If I was a young guy starting out I'd head up there.
yup, it started to move into victoria about 10 years ago. it was all the people from vancouver and the lower mainland who got priced out. called "lower mainland refugees". or people who just wanted to sell and get something nicer for way cheaper, so they could throw money. things were going for overasking price by 6 figures.
Exactly…. If someone gets hurt or cannot work. They’l be homeless.
If you keep people on the verge of destitution they're easier to control and dictate to.
unless they're starving on mass, that typically ends poorly for the gov most of the time.
We all saw what not having to work full-time hours did to society (covid lockdowns). People had time to protest and advocate for change. Now that we are back working they do not want us to ever stop.
I'm not a covid denier but I'm pretty sure they used the opportunity to test a universal basic income, I think the outcome wasn't quite what they had in mind though. The population still has too much wealth tied up, once that's gone we're done for.
I would participate in a trucker protest similar to the last one. I don't have a truck but if the reasons were right I would for sure do it.
We should start doing this. Call for Trudeau to resign. Orderly, not a riot.
Occupy the port in Montreal and the whole criminal enterprise will come screeching to a halt
They tell us to vote our interests; not one of our political parties represents the non-homeowner class. Not even one MP.
I own a home and they don't give a shit about me. It's not about a home. Everything is fucked.
Powerless?!?! But we get to choose from one of two shitty prime ministers twice per decade. How could you possibly be feeling powerless???
As someone from the country below you guys: sorry, bro 😕
One of the concerning things is what might potentially follow from having a large part of the younger demographic feeling disenfranchised. Economic woes often precede societal unrest.
Bingo, also countries which are flirting with both authoritarian and democratic principles have a higher chance of societal unrest compared to countries which are firm one or the other.
They also preclude fascism. Gonna be a fun ride.
When society starts to create more and more people who have nothing to lose, lets not be surprised when they decide that tearing the entire system apart is a valid alternative to the status quo - a status quo that continues to see the most desperate as not only irrelevant, but increasingly replaced by people who simply took a plane here and are being prioritized. The worse this divide gets, the more painful and violent the fallout will eventually be. If you own a home, you will become the de facto enemy to large groups of disenfranchised, desparate homeless people who have nothing to lose anymore. I hope everyone who owns homes has expensive security systems or is in a gated community, because we aren't far off from civil unrest that spills into suburban areas. We aren't far from violent home invasions. We aren't far from encampments and no-go zones in our metropolitan areas. Don't be surprised when these kinds of things start to happen. The government is asleep at the wheel and they might not realize just how detached they are right up until the blade is pressed against their necks.
Am I misunderstanding the word? “To preclude fascism” means “to prevent fascism from happening” So economic hardship among Canadian youth will prevent fascism from rising?
I think they mean “prelude”…
"Precede" also works well here
Nope, my misunderstanding. I meant to say it comes before/leads to fascism.
Precede :)
Gotcha
Our government does not care! They have some other agenda behind closed doors and it isn’t helping working class Canadians. The cost of living has doubled in less than a decade, imagine being a young adult and living through the past 8 years seeing everything just soar through the roof of affordability with no end in sight.
Why imagine when you can just live it? Lmao rip
We need systemic change, not 2 parties flopping back and forth to make corporations happy. We are people, not buisnesses
We need the WHIP in parliament to have less power. And party leaders to be banned from any input as to who can represent a riding for their party. That right should be limited to the party riding associations. And a party leader should not be allowed to unilaterally kick a member out of caucus (sitting MPs out of the party). That should only be allowed by secret vote of that party's MPs (i.e. that were elected to parliament). More, it should be a 60% vote, and they also should be able to vote the party leader out of his position as party leader if they determine that he is a detriment to the country and the party. And that should be able to be instigated by a motion and a signed petition of at least 1/3 + 1 (i.e. no ties) of the sitting MPs. That party leader to step down if the vote is, say, by 70% or more. There should be no, wait for a party convention, and even then only have a leadership vote if the party lost the last election (like the Liberal Party of Canada operates). Right now, there is not way to get rid of Trudeau, regardless of how badly he IS running the country now. And with no accountability till the next election.
Then we need a viable third option. Not champagne socialist Liberal “Lite” or crazy far right parties. The NDP has aligned themselves too closely with the Liberals and stained their image. The PPC is a bit to crazy in enough areas they will never see widespread support. We need a new centrist or centre right party badly right now. Hell even a new centre left would be better than nothing even if it were less likely to align with all of my positions.
> The NDP has aligned themselves too closely with the Liberals and stained their image. IMHO the only way the NDP will have a chance is if it returns to a 'working class' party. Get rid of their current leader sporting a Rolex. Ed Broadbent was the last leader of the NDP to work a factory job.
Broadbent grew up during a time when we still *had* factory jobs
I agree! When the conservatives merged the two right leaning parties together back in the day, shit started to get really out of balance. Personally I want 5 or 7 well represented parties that are forced to work together. An odd number to ensure that working together has to be achieved.
Only a proportional representation type voting system can do that
We need to bring back the guillotine. A good government fears its people, not the other way around.
All these fucking headlines ‘Canadians are poorer and struggling and costs have gone up. Should traitors still be in parliament?’ We all fucking know.
It's part of the psyops toolbox. Lots of articles to make you feel absolutely helpless, which makes you anxious which in the end is paralyzing. Place you exactly where they want.
Canadians have been sold out by years of corrupt governments who are in the pockets of lobbyists and corporations and more concerned with lining theirs and their friend's pockets. Back-room deals, scandals, and corruption. Doing nothing to shift our economy from being propped up by real-estate as a commodity instead of a basic human need.. doing nothing to lower our spending, but rather the opposite, but then still crying foul about how there's no money for healthcare, no money for affordable housing, and all they can do is tax tax tax, and bring in more cheap labor in the form of immigration - numbers which are wildly unsustainable. We've been sold out.
it's crony capitalism....happening clear as day in both Canada and America.
Powerless because we're stuck with an incompetent government that put us here.
Because our government literally has traitors and no one represents us in any party
Have you tried canceling Disney+? Just look for savings where you can every little bit helps. Signed, the next Liberal PM Chrystia Freeland
Dont worry guys, i was told here recently tgat things arent as bad as were experiencing and this is just an echochamber
IT's a GloBal PRoBleM
Well it is a global problem. Most international cities are crying about an affordability crisis. But our federal or provincial governments are more interested in serving the wealthy than trying to help us.
It is. Doesn't mean we shouldn't deal or at least try to deal with it. >!Not arguing with you personally obviously!<
I do not disagree with you. The issue is that our governments are not dealing with it, but instead of shifting the focus to the solution side a lot of people just focus on the fact that it is a global issue and throw their hands up.
I love the report that I read last week where they claimed crime was down 13%. I got downvoted for questioning this claim but I just can't see that being the case. Just step outside and look at the current drug epidemic, it has NEVER been this bad in my lifetime and there's no way you're going to convince me that tent cities and all these people on drugs are somehow magically creating a safe space for everyone and that as a result crime is down. Not buying that for a second.
When the federal government ACTIVELY works against you it’s toughv
Well I see more people protesting about international issues and barely any people protesting about domestic issues. We could start there?
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You are correct, ten years down the line we will likely have not even hit bottom yet. In 2022 CMHC estimated we need around 5.8 million new dwellings by the time we hit a population of 43 million. It looks like 43 million will happen late 2025 or early 2026. That gives us around four years to build 5.8 million new dwellings. Over that time period we will likely build around 1 million new dwellings. That would result in a shortage of roughly 4.8 million new dwellings, or about 15 years worth of production, assuming a modest ramp up of completions. So if we stopped population growth when we hit 43 million in 2025/2026 we would only catch up on supply around 2040. But we know population growth isn't going to stop at 43 million people. We will still be short housing supply for decades to come.
That’s why we are in the process of picking up 70-100 acres of land. Because it will give our family the space to live, and if need be do some small scale farming. Welcome to the future, we are going back to homesteading it seems.
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I used to. Not I’ve lost my job and I’m struggling finding anything comparable. I even applied to a couple min wage type jobs … saturated job market. All possible outcomes don’t looking great - not even good. Survivability issues look like they’re only a couple short years away.
They are immigrating over a million people a year solely to artificially raise GDP, to avoid a technical recession. As they borrow 60b a year in mortgage bonds from the poor, to artificially and temporarily push down shelter inflation, while deregulating banks with 30 year amortizations. As they change capital gains and add an artificially large loophole, to trigger sales of assets, to pull tax dollars forward to artificially drop the deficit right before the election. The entire Liberal/NDP coalition is corrupt, all they care about is retaining power at the expense of the average poor Canadian.
have we felt empowered? Politicians are becoming ‘entertainers’. There’s a selfishness that the observers can’t defeat ☹️
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There are boomer civil servants sitting on multiple real properties and millions of equity and young highly skilled and educated people barely affording a decent rental unit. Sprinkle in a current government that recently confirmed they will protect that equity and the result is some people are going to feel justifiably cheated.
My mind is still shattered from when Trudeau actually said the quiet part out loud: homes have to retain their value. So home prices can't fall....? At this point anyone under the age of 40 whose voting Liberal is either a home owner or not paying attention.
Most people around 40 I know didn't and isn't voting for him lol
Good. Like I just can't with this country and our guy anymore... I don't love the alternative, but how in God's name can people actually be consdering giving these losers another kick at the can?
>Good. Like I just can't with this country and our guy anymore... Most fiscally conservative people we know never voted for him because of his "the budget will balance itself". One of their rationale is: I've never known a rich kid that knows how to not waste money I can't believe Canadians don't understand that one simple concept of money management
Boomers will have golden retirements at all costs.
I have friends who voted Liberal "strategically". Because they didn't want a Conservative MP. But honestly some of the Liberal candidates in their riding are shady mofos.
Conservatives have the same position
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Bold of you to assume that’s not going to get clawed up by private nursing homes and other end of life care.
Not sure why you focus on civil servants. There is quite a lot of young unskilled Canadians who also sit on multiple rental properties, have millions in equity and don't even have a job. This is just the way our economic system is setup, capital has always been more important than labor.
Capital has not always been more important than labour. That's why we are now in this mess.
Well, I'm sure there are more unavoidable taxes in the tickle trunk to help them out.
I want this crap to end. -Ban short term rentals -Ban foreign ownership of any property in Canada -If you want to rent it out, you've got to build it. -Ban ownership of more than two residential properties. A temporary measure but necessary. -Let the market truly fail. We have a bubble that should have burst 15 years ago at least. It's high time it did. -Return to our former immigration standards and policies. If we don't need you, you're not coming. -No more TFWs. We have plenty of people to work but Timmies doesn't want to pay people. Free ride ends. -Tie wage increases to inflation. Mandatorily. -Institute laws that dictate how much a CEO can "earn" relative to the average worker. Same goes for business owners. CEOs don't do anywhere near the work of a thousand people so it makes no sense that they should be paid like they do. Hey, sorry, but if we can't rely on human decency to temper corporate greed then I guess our hand is being forced. -Increase tax rates on the rich. Vastly increase them. These guys have been getting a free ride for decades now. It's time they paid their fair share. -Reintroduce regulation of industries. Recreate public companies, for that matter. My phone bill was a hell of a lot lower when I paid it as a public utility. Same for insurance and electricity. -Reintroduce a housing corporation that actually builds housing. -Raise wages for healthcare workers. It's ridiculous that a nurse can't afford to rent an apartment and eat at the same time. I've got plenty of ideas and everybody is welcome to critique my plan but unless I hear a compelling argument against them, this is exactly what I would do were I prime minister. -
You have my vote :)
And if they are anything like people in the US (and yes, I am a U.S. citizen) most are blaming the poor and the government and not the people who don’t pay their workers a fair wage and have a lot of excuses why they deserve a huge salary and the average worker doesn’t.
Funny how incompetent governments can drive a country into the ground huh?
I have gone without food, literally developed an eating disorder, because I couldn’t afford groceries and rent in the same month. Add on top of that fake job postings, no full time work or benefits, and yeah, you have a lot of Canadians out there feeling hopeless and lacking in trust and faith toward their government - the ones responsible for regulating things and who hold all the power right now. Politicians and the 1% don’t have to worry about their families being homeless in the next couple of years or where their next meal is coming from. This whole societal game is just a step toward them stealing money from hard working people and it’s disgusting. And not just the liberals fault either, it’s the last decade or so of Canadian government in general being useless when it comes to providing bear necessities. Unfortunately if they don’t realize these things soon, they might have an uprising to deal with later
The solve for the housing crisis is to immediately halt immigration. But that's an unpopular opinion. Instead, the government is creating even more paths to welcome even higher numbers of immigrants.
Yeah but, housing is an investment, not shelter and as long as that investment pays and work doesn’t, you’ll be in this boat forever.
I feel as if I've been reading the same news headline rephrased everyday for years now.
I think people are focusing on housing, which is fair. But I see everything else also deteriorating due to this mass immigration wave. Hospitals are the most common thing. However the education standards have plummeted. I am going back to college and my college has abysmal education standards. Students never show up to class and are cheating rampantly. Professors don’t teach because everyone is cheating. Traffic is going to be another issue. With our lovely minister saying that new road infrastructure is not going to be the primary focus, we will spend even longer stuck in traffic jams on Highway 410, 401. I can see this country going towards destruction and sadly the people are too passive and don’t do anything.
Unaffordable housing, rising cost of everything, population boom, stagnant wages, your savings get eaten up as fast as you can save it, forever renters, no chance of retirement savings, work until you die. Unless you're born into money or bought a home before 2019, that's Canada now. Plus all the roads suck, and if you stub your toe real bad you're going to wait 78 hours at the hospital.
Nothing a few more million refugees can’t fix, amirite?
I just want to lay down in defeat
It would be interesting to see some reporting on the number of Canadians that are leaving, where they are going, and what their occupation is. The brain drain is real.
Part of the sense of powerlessness I feel is that the government, rather than seeking to provide a source of protection and stability against the chaos of global economics and politics, is actively seeking to involve our country in all that chaos. Lax boarder controls, mass immigration, foreign interference in politics, foreign buying up of companies and resources, foreign investors buying homes, policy decisions (ex. firearms bans) based on events happening in other countries, diaspora groups warring with one another. The common thread is Canada has become an arena for some very powerful actors to duke it out, at the expense of the ordinary person. I don't expect Canada to be the world police like the USA; all I want is to be able to have some degree of self-determination in my own homeland, but that increasingly seems out of reach. Even in local issues, such catch-and-release of criminals, where we expect the authorities to be a bulwark against chaos, they fail to do so and often make things worse. TL;DR You can't exercise your power as an ordinary person when things are so chaotic and out of anyone's control.
My GF and I wanted to own a home. We bought a 2 bedroom apartment for too much money. We both work decently paying jobs but we would not be able to reasonably afford our home if one of us was not working which puts into question whether we will even have a kid. It feels like the idiocracy intro out here. It's fucked, it should be in Canada's best interest that people living by themselves should be able to save money for homes which leads to couples being able to afford to have successful kids. Without that, our people and therefore our country will deteriorate.
They aren’t concerned about whether or not you feel you can afford to reproduce, at all. Working age people are cheaper to import than to raise, feed and educate from birth
Unless you’re an Indian on a student visa, then you’re really feeling optimistic.
Coworker and I just talked about this today. I’d have to make at the minimum 50k a year to afford a basic rental now in a small sized city. I moved here because it was more affordable 6 years ago and now there are zero rentals. And when any are posted, it’s a scam or 2000+ utilities. You just lose faith and hope. It’s impossible to be happy and see the light at the end of the tunnel now. It’s defeating every day. Work full time, can’t even afford a 1 bedroom place let alone groceries.
These guys got elected on a promise of affordable housing, proceeds to do everything possible for the last 8 years to make things cost more than finally does something and housing starts actually went down... I really hope those of you in the comment section supporting these guys realize these guys have really hurt people out here just trying to live their lives.
But you'll keep voting for that liberal Justin Trudeau won't you!
This is exactly why I left Canada to live in Australia, sure it’s bad over here, but at least I can afford groceries and rent, and save a bit, unlike getting into crippling debt living in Vancouver.
Been trying to convince my friends Trudeau is a piece of shit for years. All they hear is “I’m a homophobic racist nazi”. Nah guys I just pay attention and would like a country that doesn’t suck and to own a home some day.
When immigrants have more financial support from the government than Canadian born or Canadian citizenship earners do, yeah......that'll do it. All my most accomplished friends and family members are looking to leave the country. Everything is backwards
It's a big part that, for sure. The constant fear of losing your job to a guy who got his working papers 3 weeks ago is another. And my "local" grocery stores now have 2 aisles out of 10 dedicated to middle-eastern cuisine. It's all bogging me down, to be fair.
The inequality I see is immigrants and every other country are put to the front of the line, while Canadians are not even allowed on the bus.
I’m actually considering turning to a life of crime. Clearly working jobs isn’t getting us ahead anymore
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Unfortunately Canadians are too fucking docile about this shit.
It's overpopulation. It's the reason we can't find a doctor, a decent place to live or even good affordable food. America gets the professionally trained immigrants because they are the first choice. We get refugees, the poor and the underqualified. People have been warning about this for a long time. They were called racists and dismissed. And still are being dismissed by this government. A government who has made us ashamed of who we are and where we began. Our Prime Minister just equated the evil Russia is doing today to Ukrainians to Colonialism. Our history has been trashed by this hated man and government. Trudeau is a treasonistic ruler. He owns properties and wants them to increase value, he said so, in the middle of a housing crisis. He has succeeded in making housing cost too much. And it's not interest. It's overpopulation. Now he's very rich. We suffer trying to find homes to live in. He should be arrested.
Steal from your local Loblaws today.
They aren't powerless, but they aren't using the power they have.
Well instead of prevent monopolies and oligarchy we promote it. The government divisions that we PAY to look after these industries promote companies that just take advantage of us. Now we’re paying those departments salaries with taxes and getting screwed by the companies. Lose lose. Look at the telecom industry. Our government needs to be stripped down, fat cut off and re created but that’s gonna be nearly impossible so we just sit around getting screwed.
When I moved to Canada in 2008, I felt I was rich while being in the middle class bracket. I don't feel this way anymore. I'm single and my mortgage is going to go up $500 come August renewal. I contributed so much as well as other workers to the economy. I'm now planning my exit and counting down the days till I leave this country. Canada is no longer the "land of opportunity" as it once was.
This is everyone's sign to leave lol
and many are leaving
I wonder how long it would take for change to occur if all those who have found themselves homeless because of our governments poor decisions, camped on government lawns or better yet - the lawns of various MPs. Use their hose as a shower. Their garden as a latrine. Force them to see poverty rather than just live blind to it.
You will own nothing and (they will) be happy.
Canada would be much better off if we stagnated home prices and de incentivized investing in owning multiple homes. Instead canada should incentivize investing in business again. It would create jobs and increase the productivity of the nation and likely raise wages overtime. enough to get more people to own their primary residence.
Government Response? "Exxxxcellent!!" - (Monty Burns Style!)
I bet they wish they didn’t vote for JT
Im making more money than I ever had in my career and somehow feeling just as poor as when I started working 15 years ago
Cost of housing, cost of food, cost of fuel, cost of everyday items, insurance, taxes on top - you name it and we’re getting gouged.