Quote:
Originally Posted by peter12
You should realize that there are more cities than Calgary in this country, and that rising house prices are not a uniquely Canadian phenomenon.
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There's rising house prices and then there's using Vancouver as your central model for comparison.
It's broken.
I'm not even saying that housing prices are fine, just that it's dumb to be "HURR, BOOMER!" because it's such a simple minded meme at this point. Do you honestly it's Boomers getting into the market now and maxing out their mortgages, buying way more than what they need because the bank will approve them and subsequently inflating the market? There's a lot more at play here than some communities not wanting high density construction. Which is also not just a boomer thing.