Quote:
Originally Posted by blankall
You don't need to even flip houses. You just need to actually buy one. Things are different in Calgary, where up until recently the markets were horribly depressed. But buying a house in 2007 vs 2015 created a massive difference in wealth for people I know.
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Right. But it’s less of a problem for people whose parents can kick in 60 or 80k. Property wealth is becoming intergenerational again, like it was 100+ year ago.