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Old 08-21-2024, 09:30 AM   #13467
TheIronMaiden
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Originally Posted by CliffFletcher View Post
Treating homes as investment properties is what got us in this mess in the first place.

The housing situation in this country is ####ed so badly that it’s seriously undermining the trust young Canadians have in our institutions. The Conservatives don’t have a 20 point lead over the Liberals among 18-34 year olds because of Poillievre’s charisma.

If we don’t sort out housing affordability, expect the kind of anger, distrust, and populism that characterize politics in the UK and the U.S. to become the norm here. And if we do correct, it’s going to be painful. A lot of people who did well off the real estate climate of the last 20 years are going to take the hit.
These days when people under 25 complain about housing affordability they are no longer complaining about never owning a home, they are complaining about not being able to afford rent in a house that is safe.
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