Quote:
Originally Posted by Shazam
Well, you can still purchase a multi-family unit fairly cheaply in Calgary. There's a lot of supply. No, you might not get your dream SFH. But you know, the policy of the city for quite a while now has been to price out new SFH development. Which of course raises existing SFH pricing.
No, you don't have a "right" to a SFH. No, you don't automatically "deserve" one.
BTW, all those things you mentioned (except #2)? They all contribute to asset inflation...
Oh yeah, the cost of living always goes up. For fark's sake, you guys keep electing politicians that keep raising fees and taxes, what did you expect? Is your garbage being picked up better? Your water bill has gone up 100% because the city can't build a treatment plant on budget. * shrug *, right?
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Your argument is just so poor here. You're saying that inflation happens...yes...but you haven't, in any way, taken into account the rise in housing prices (or any other living expenses) relative to incomes, or even considered any change in the availability of employment.