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> People in Canada have really low net cashflows and believe in real estate as the only form of saving/investment. Do you by any chance happen to live in Vanco
by CarelessExpert 6y ago
> People in Canada have really low net cashflows and believe in real estate as the only form of saving/investment.
Do you by any chance happen to live in Vancouver or the GTA?
- gscho 6y agoThinking this way is not isolated to those locations. For example there has been a huge influx of people buying properties sight unseen and over-asking price in places like Nova Scotia. https://www.ctvnews.ca/business/where-in-canada-are-house-prices-increasing-the-most-maybe-not-where-you-think-1.5379679 https://www.ctvnews.ca/business/where-in-canada-are-house-pr...
- CarelessExpert 6y agoIt's still a dysfunction that's especially, uniquely acute in just a few geographic regions. Speaking for all Canadians, as though a massive country of 30M people is a monolith, is ridiculous. Every time I see a comment like the OPs above, it's inevitable that a) they're from Toronto or Vancouver, and b) they think their experiences represent those of the entire country.
- AzzieElbab 6y agoboth. do we have any other cities? :) Sorry, I passionately dislike Montreal and Alberta
- CarelessExpert 6y agoFrankly, you should be sorry. Obviously everyone has their preferences for where they want to live. But there's no part of the country I "dislike"--let alone "passionately" so--and I'd hope and expect the rest of my fellow Canadians to be similarly generous and open-minded about the rest of their country and their countrymen. It's a shame you can't seem to find that in yourself, as every part of the country has something unique to offer, whether that's a small town in Saskatchewan or a massive suburb in Ontario.
- ggjjjttt 6y agoThis sort of attitude contributes to the affordability of Montreal. Thanks!
- atat7024 6y agoThis is most of Ontario.