JAY GOLDBERG: Kanada kann sich den Status quo der Wohnungspolitik nicht länger leisten; Einem neuen Bericht zufolge würde ein Durchschnittsbürger atemberaubende 44 Jahre brauchen, um ohne finanzielle Hilfe der Familie genug Geld zu sparen, um sich ein Haus in Toronto leisten zu können
https://torontosun.com/opinion/columnists/canada-cant-afford-housing-policy-status-quo-any-longer
26 Kommentare
So look outside of Toronto?
Either wages need to sky rocket, or prices need to collapse. Its one or the other. There is no middle ground here.
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This can easily be solved by not living in Toronto. It’s a garbage heap of a metropolis anyway,
Try not living in Toronto?
**Paywall bypass:** [https://archive.ph/BL64s](https://archive.ph/BL64s)
Reason #54213 why our young aren’t having kids.
At the end of the day, it comes to this- **you can’t address the housing crisis WITHOUT a housing crash. It’s impossible. Every politician knows this.**
So, if it is a choice between a housing crash vs a permanent housing crisis EVERY single politician (regardless of party) will choose the latter. Remember, **65% of Canadians are homeowners.** Politicians are just doing what their voters want them to do.
Not only can the majority of Canadians afford housing policy status-quo. They want the status-quo to continue forever. No politician will ever seriously address the housing crisis because if they do, they will be voted out. It’s as simple as that.
I BARELY make enough to afford a one bedroom apartment
Work and save your entire life, just to take on the largest debt you will ever take on at retirement.
Makes perfect sense.
It’s things like these that make me appreciate that at the very least, most of the left and right can agree that this has gone on far too long. It’s obviously apparent when a toronto sun opinion article gets upvoted.
I’d ask both the right and left wing people on this sub a little thought experiment:
Let’s say the federal/provincial government of a party you don’t normally vote for/align with, along side all of their other current policies, said that they would do everything in their power to crash the housing market. You knew for certain that they were serious about it (magically), and that they had the power to do so.
Would you vote for them, knowing you probably don’t agree with them on many other policies, but to be so certain that they’d actually put their representatives on a path to actual reasonable home prices?
Time to reelect the liberals to a 5th term toronto.
Do what all the other renters in my area do, stop paying rent and face no consequences ….
It’s crazy the system is so broken from all angles, landlord, tenant, buyer, seller.
So much overhaul is required , but the consequences are tied so heavily with our economy (which is not economically productive)
That’s also why the Carney speech at Davos was such a good signal for some economic possibility after so many dark moments of nothingness.
Comparing average Canadian wage to home prices in Toronto is disingenuous. Compare Toronto wages to home prices in Toronto, as if you live there, you work there.
We could improve infrastructure so travelling into the city isn’t an absolute nightmare or allow people to WFH so that they don’t have to live in the expensive city. When you have municipalities rejecting rezoning to allow for sixplexes you understand why things are expensive.
The orange guy said it: they will never affect the corporations and people who invest in it. As long as housing continues to be considered an investment more than a right, we’ll face this
I mean even that you could get a house at 44 years old with a 30 years mortgage so there’s higher chance that Canadians die before they pay off their mortgage. Also not good.
“We need to do something, but we don’t know what it is, but we do know how to complain about it” -Toronto Sun.
That’s absolutely disgusting that the younger generations will have to spend all kinds of money just to get a home. Maybe it’s time for some us to say nope we are moving to cheaper place
> it would take the average individual a jaw-dropping 44 years to save up enough money to afford a home in Toronto without financial help from family
bogus calculation really because most people buy with a partner, and also don’t buy a $1.2 million dollar property as their first purchase
good for clicks and outrage though
And? It’s not like they don’t know. They don’t care. Say a nice speach again Carney. We will live in your dream canada.
Merci aux libéraux et à leurs médias pour leurs mensonges.
This is why his WEF speech didnt inspire young Canadians. You know, the most important ones
I agree housing prices are insane. But I think using Toronto as a metric for a sensational title is wrong. Toronto is extremely expensive, it shouldn’t be used as a representation of all of Canada.
My wife and I saved for s decade to purchase a home. Bought finally in 2023.
I am happy for you all to see housing prices come down, but its a little demoralizing to save for so long, finally get a home of our own and then watch the value drop so much right away.
Im not trying to flip, Ill be happy to die in the house, but we were hoping that putting money into a house would keep ahead of inflation. I think id be lucky to break even what we paid for it in 20 years the way things are going.
I was told prices would drop for 20 years. Finally said enough was enough because we had barely enough time to pay it off before we turn 65. As soon as we pull the trigger, prices dropped. Bad luck I guess.
That’s just another symptom of a bad attitude Jay.
Like how are we supposed to build anything constructive in this nation if young people insist on frivolities like 3 meals / day, and 8 hours on uninterrupted sleep, or a living space shared with 6 or less other people.
No one wants to work anymore