3 ms·
Very similar situation in Canada, systematically. Avg. home prices gain in value more than average pre-tax incomes, which is absurd, and depends on every increa
by jollybean 5y ago
Very similar situation in Canada, systematically. Avg. home prices gain in value more than average pre-tax incomes, which is absurd, and depends on every increasing numbers of warm bodies to work at Tim Horton's or to get Accounting degrees and work for US Big4 firms based in Toronto etc.. I's not a sustainable situation and politicians will not talk about it, because the top 60% who own homes are more likely to vote and have influence than the bottom 40%. It's the actual 'class war' most people in positions of influence are wary to talk about.