Quote:
Originally Posted by jg13
Hello, I'm not going to go through the entire thread and I know the majority of CalgaryPuck posters are 45+ in age but 80% of the people I talk to and are within 5 years of my age (33) are all voting conservative without a second thought, myself included.
My question is:
I would like to know why those of you that are above 45 in age or older that own their own homes, think that Mark Carney will benefit us in our 30s over Pierre Polieivere. Pierre has stated he will cut immigration to the point where we're building more homes faster than we allow people into Canada and will allow first time home buyers to purchase their first homes without the 5% GST included in those homes.
The reason for the above question is because of 80% of the people I talk to in my age range (millenial) is because we're concerned about never being able to afford a home and if we're never able to afford a home, it affects many things specifically, like starting a family. From my understanding, Mark Carney wants to increase the Canadian population to 100 million by 2100 which is 800,000 a year when Canada has been known to build 200,000 places of living a year. He has publicly stated this.
If I currently owned a home this would be great for myself as my home would sky rocket in value. Please let me know on this particular issue, why as a millennial this is good for me.
Thank you in advance. Not looking to fight anyone. I want clarity.
|
The bolded is not true. It wasn't long ago when we were debating renting vs owning a home, and renting was winning the debate. People forget all the costs that come with purchasing and owning a home like real estate and legal fees, maintenance, insurance, taxes, etc.
I believe timing is very important. Although house prices tend to go up over long periods of time, they can go down over significant periods. With all that is going on these days with the tariffs, highly volatile stock market, job losses, falling house prices, who knows what the future holds for us. It was me, I would hang on to your money and wait for a better time to invest in a house.
As for who to vote for, everyone has their specific reasons. For me, the most important question is which leader's economic ideology is going to capitalize on our strength as a nation. IMO voting in the same old government, in spite of the new fancy leader, is just going down the same path, or even worse.