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Just like in Vancouver. 1980 vs. Now https://twitter.com/pmcondon2/status/1653438594823094278 https://twitter.com/pmcondon2/status/1653438594823094278
by ilamont 3y ago
Just like in Vancouver.
1980 vs. Now
https://twitter.com/pmcondon2/status/1653438594823094278 https://twitter.com/pmcondon2/status/1653438594823094278
- adra 3y agoYep... Canada never got it's teeth kicked in by the 2008 crisis, but we had similar price appreciation so there was never a lul to get the younger generations into the market without significant up front costs. It's also slammed the breaks on most families upsizing their homes. They live with what they got. I'm looking at homes today and to enter the market for a house is 1.4 million. Our family has a good income so that's actually achievable. The vast majority will never earn enough. When real estate is perceived as a better investment than equities, society is doomed.
- Tiktaalik 3y agoHow expensive would Vancouver be if it didn't create new housing? Condon is a nimby plain and simple, obfuscating with all sorts of horse shit his clear desire keep everyone out and keep his leafy west side home the way it always has been.