66
submitted 5 months ago by lautan@lemmy.ca to c/canada@lemmy.ca

Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a [โ€ฆ]

you are viewing a single comment's thread
view the rest of the comments
[-] rekabis@lemmy.ca 1 points 5 months ago* (last edited 5 months ago)

That might come to a head within the next decade.

I have already heard rumours of a list (American, I believe, but maybe International) being compiled through debates on who could be taken out to produce the greatest narrowing of the wealth gap. As in, maximum impact with minimum effort.

Because when you hoard so much wealth that you impoverish millions, the question needs to be asked if you still meet the minimum requirements of being human, or if you are truly a parasite fit only to be eliminated. I strongly suspect that the inherent sociopathy of billionaires such as our own Galen Weston, and their abysmal disregard of basic humanity in the pursuit of unbridled greed, makes many to most of them fail to meet this very important threshold.

I may not be among those in the crowd when the torches and pitchforks come out, but imma gonna be holding the door open for them and looking the other way.

this post was submitted on 30 May 2024
66 points (100.0% liked)

Canada

7185 readers
212 users here now

What's going on Canada?



Communities


๐Ÿ Meta


๐Ÿ—บ๏ธ Provinces / Territories


๐Ÿ™๏ธ Cities / Local Communities


๐Ÿ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


๐Ÿ’ป Universities


๐Ÿ’ต Finance / Shopping


๐Ÿ—ฃ๏ธ Politics


๐Ÿ Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS