Quote:
Originally Posted by afc wimbledon
Growing up in London in the late 70's buying a house was never an option, it was only emigrating to Vancouver that enabled me to become a home owner.
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This is part of it. The previous generation of Canadians were horribly spoiled with their ability to gain wealth. In most parts of the world, most people don't get to build millions of dollars by owning one or multiple properties.
The idea of every family living in nice house with a backyard is a purely North American ideal. Things are changing, and our parents generation was a true rarity in human history.