„Some commentators suggest that many Canadians today have unrealistic expectations based on the growth experienced by previous generations during booming economic times. “
I think this is an important factor as well. The world has gone and changed and things will never go back to the way they were. Less than 20 years ago, I went to uni, bought a detached house, paid off debts, all before the age of 24. The house and land are all paid off this year.
There is zero way I could do this today. No hope in hell.
As a country, we decided that fluffing up our overall GDP with mass immigration was the best strategy. It kind of worked, but our GDP per capita plummeted and costs spiralled. There is not easy way to go back now.
Canada will become like Germany. Most people in Germany will never own a home; it’s a nation of renters.
That’s our future now. It doesn’t have to be horrible though. If rent control and other quality of life measures are in place, it can work. It works in Europe.
It just sucks that most future generations won’t be able to easily own their own land again, but we also can’t cling to the past. The times changed, and maybe young people do have some unrealistic expectations?
penis-muncher785 on
One of the hardest parts about shit being more expensive is household necessities that arent food
Garbage bags soaps etc are so damn expensive now
pinacoladarum on
Anyone complaining about conservatives and PP not doing their job or they are not required as opposition must believe there is no cost-of-living crisis.
Most of them think our prime minister is doing a really good job at handling everything for Canada including cost-of-living issue..so why would they imagine there is one when there is none.
Theseactuallydo on
Good thing we’ve got a neoliberal governing party looking out for the worker’s interests and an even more neoliberal official opposition working hard to hold them to account when they don’t.
I’m sure the trickle down will begin benefiting the workers any moment now.
bign00b on
The problem is we are getting hit across the board, it’s not high rent, it’s high rent, high food, high everything.
Most concerning is food, increasingly it’s hard to ’shop smart‘, there just isn’t a cheap option anymore.
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„Some commentators suggest that many Canadians today have unrealistic expectations based on the growth experienced by previous generations during booming economic times. “
I think this is an important factor as well. The world has gone and changed and things will never go back to the way they were. Less than 20 years ago, I went to uni, bought a detached house, paid off debts, all before the age of 24. The house and land are all paid off this year.
There is zero way I could do this today. No hope in hell.
As a country, we decided that fluffing up our overall GDP with mass immigration was the best strategy. It kind of worked, but our GDP per capita plummeted and costs spiralled. There is not easy way to go back now.
Canada will become like Germany. Most people in Germany will never own a home; it’s a nation of renters.
That’s our future now. It doesn’t have to be horrible though. If rent control and other quality of life measures are in place, it can work. It works in Europe.
It just sucks that most future generations won’t be able to easily own their own land again, but we also can’t cling to the past. The times changed, and maybe young people do have some unrealistic expectations?
One of the hardest parts about shit being more expensive is household necessities that arent food
Garbage bags soaps etc are so damn expensive now
Anyone complaining about conservatives and PP not doing their job or they are not required as opposition must believe there is no cost-of-living crisis.
Most of them think our prime minister is doing a really good job at handling everything for Canada including cost-of-living issue..so why would they imagine there is one when there is none.
Good thing we’ve got a neoliberal governing party looking out for the worker’s interests and an even more neoliberal official opposition working hard to hold them to account when they don’t.
I’m sure the trickle down will begin benefiting the workers any moment now.
The problem is we are getting hit across the board, it’s not high rent, it’s high rent, high food, high everything.
Most concerning is food, increasingly it’s hard to ’shop smart‘, there just isn’t a cheap option anymore.