Quote:
Originally Posted by afc wimbledon
I would be suprised if the 'poor' were able to own a house at all to be frank, nor would I see it as a significant negative if they couldn't as long as there were reasonable stocks of rental housing.
I don't see having to rent a house as being an indicator of deprivation myself, homelessness is another matter obviously.
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True, but personally, I think it wrong that in a country as wealthy and with the resources of Canada, that any working class person who isn't idle can't afford to own a home. While not owning a home does not make someone "poor" all of the time, the transition of wealth by property through family lines is important to ensuring generational class mobility. It's more difficult now than it was in the past few generations to move up from lower middle working class when most of your income goes into paying someone rent (and for many others, the rest goes into paying back loans for education and a vehicle they can get to work).
While the poverty situation might have improved since the 70s, the number of working poor who are stuck in an endless rut of living paycheck to paycheck seems to be growing as people are having more trouble advancing out of it.