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Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg
(www.bnnbloomberg.ca)
this post was submitted on 23 Aug 2023
175 points (95.3% liked)
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If you can't afford to move then the fact that you can't own a house is the least of your troubles.
Tons of jobs in remote locations, do you think the boomers people love to hate all worked their dream job?
There are exceptions, but let's not pretend everyone that's complaining is in a situation where they qualify as an exception.
Housing is expensive sure, but I'm shopping right now and I could buy a house tomorrow for 250k and I would be at a commuting distance of a city of over 200k. Heck, I had trouble selling my condo for 160k inside an urban area of over 1m!
Know what's funny? I bought it because that's what I could afford and it allows me to look for a single family house ten years later. Meanwhile my friends are complaining they can't buy a single family house as their first property... That's like wanting a job before you go to school!