John Johnston Posted April 14 Report Posted April 14 4 minutes ago, LinkSoul60 said: Boomers were able to do that in large part during Harpers term, where the average home price increased 86% from 2006 to 2015, and when the BOC and IMF warned that housing prices were 10% to 30% overvalued. You're an absolute fool to think that the baby boomer generation was handed everything. Fortunately housing and the wealth created has lent itself to more wealth to be made but boomers are also a characterized as a hard working generation. Timing is everything... I wasn't able to buy a home for $16K like my parents did and who had zero concern of finding employment, but I/we worked hard to build our own wealth rather than sitting around and bîtching about the cost of living. And as the boomers die off the wealth transfer is going to their children who will have greater opportunity to build on that wealth. We bought our first homes long, long before Harper. My first home was 18,000 in 1979, however, I was making 10.00 per hour which was huge in the seventies. Most things in life is relative. It's only in the last 20 years that the value of cash really dropped. Now 20.00 per hour is poverty wages. 1 Quote
LinkSoul60 Posted April 14 Report Posted April 14 3 minutes ago, John Johnston said: We bought our first homes long, long before Harper. My first home was 18,000 in 1979, however, I was making 10.00 per hour which was huge in the seventies. Most things in life is relative. It's only in the last 20 years that the value of cash really dropped. Now 20.00 per hour is poverty wages. Location, location, location... Likewise, we bought our first home in 1987 for $105K, and that was after coming from an Ontario city where the average price was around $60K back then. Said 20 years that real estate appreciation in our part of the world wasn't sustainable, which is correcting right now but nowhere near affordable for many. Owning a home in the city you want to live isn't a birthright, it's something you have to work for and may not be realistic for some. Always been that way and always will be that way. 2 Quote
CdnFox Posted April 14 Report Posted April 14 1 hour ago, ExFlyer said: Right on Boomers...hard work and proper investing has been good for them. They now travel instead of spending money they didn't have when they wee young. Uhhhh newsflash... if you're the age you claimed you were previously you would be a 'boomer', now you're referring to them as a different group than you. Which would make sense if you were still a kid. Gotcha 1 Quote "That which doesn't kill me... Had better start running."
CdnFox Posted April 14 Report Posted April 14 31 minutes ago, LinkSoul60 said: Location, location, location... Likewise, we bought our first home in 1987 for $105K, and that was after coming from an Ontario city where the average price was around $60K back then. Said 20 years that real estate appreciation in our part of the world wasn't sustainable, which is correcting right now but nowhere near affordable for many. Owning a home in the city you want to live isn't a birthright, it's something you have to work for and may not be realistic for some. Always been that way and always will be that way. It's become unrealistic for most And it's not just a major cities anymore it's spilling out into a lot of areas. The problem is is that it's to the point where the bottom is squeezed out. Even if you work hard the nature of the shortage is such that only the top percent of people will be able to buy a home because housing prices will increase till that's the only group that can afford it. I haven't really looked at what that percentage is right at the moment but it's probably pretty close to 50% of people, below which you simply will not be able to afford to buy a home in your lifetime unless you're gifted something from your parents That is not what it used to be like. It used to be that literally anyone could buy a home if they worked hard and had a decent job. But that is not the case any longer, you can work hard and have a decent job and earn what has always been considered to be decent pay and you may still never be able to afford a home because housing prices are pushed up due to lack of supply so that only the top 40 or 50% of people can actually get one and even they are straining their economics to make it happen in many cases 1 Quote "That which doesn't kill me... Had better start running."
John Johnston Posted April 14 Report Posted April 14 31 minutes ago, LinkSoul60 said: Location, location, location... Likewise, we bought our first home in 1987 for $105K, and that was after coming from an Ontario city where the average price was around $60K back then. Said 20 years that real estate appreciation in our part of the world wasn't sustainable, which is correcting right now but nowhere near affordable for many. Owning a home in the city you want to live isn't a birthright, it's something you have to work for and may not be realistic for some. Always been that way and always will be that way. Yep. I have no idea how a young person today can even consider buying a home in the city. 1 Quote
CdnFox Posted April 14 Report Posted April 14 1 minute ago, John Johnston said: Yep. I have no idea how a young person today can even consider buying a home in the city. Or in large parts of the country for that matter. It used to be if you lived in greater Vancouver you could always go somewhere like Chilliwack or Abbotsford and find you home at a decent price even though Vancouver was high. Now even those homes are going for a million bucks for a little condominium 1 Quote "That which doesn't kill me... Had better start running."
Goddess Posted April 14 Report Posted April 14 (edited) 1 hour ago, LinkSoul60 said: You're an absolute fool to think that the baby boomer generation was handed everything. They were handed a lot. They lived in the time when companies gave something back to hard workers who stayed loyal. It was a future your kids could count on. Companies used to go to high schools and ask "Anyone interested in working for us?" and kids got jobs for life. Good jobs. With pensions, benefits, good pay and opportunities. That was the job interview. In the mid-80's that changed. Go to a job interview today. If you can even get an interview. Resumes. Portals. Algorithms. "Culture fit." "Do you identify as a minority?" Don't bother applying for this job unless you're indigenous or speak Punjabi. (Don't laugh, I've been applying on jobs and you would be SHOCKED to know how many times those last 2 questions are asked.) Over the last 50 years, everything shifted. Globalized supply chains, decisions being taken away from local communities, corporations becoming larger, more abstract and less accountable. Mass immigration to bring in millions of unskilled workers that drive down wages and benefits. Until you're honest about this timeline and what's changed, you'll keep living in your fake reality. Edited April 14 by Goddess 1 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
Goddess Posted April 14 Report Posted April 14 49 minutes ago, LinkSoul60 said: Owning a home in the city you want to live isn't a birthright, Ah, is that what's changed? It was a birthright for you, but not for young people today. 1 1 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
Goddess Posted April 14 Report Posted April 14 Are you sure Canada's decline has absolutely nothing to do with the Liberal party? 1 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
Goddess Posted April 14 Report Posted April 14 (edited) Carney has been talking about his plan to establish a New World Order with China. He's mentioned it now quite a few times, it was discussed at the Liberal convention last week and Carney's wife gave a speech about establishing it. No details about it or what it is, are ever given. It's apparently a major policy platform. I've asked questions of the Liberal pom-pom wavers here - Did you know when you voted for Carney that you were voting for a New World Order with China? Do you know what it is? How will it benefit Canadians? The silence is deafening. They have no clue what they are supporting. But now with a majority - they're about to find out. Edited April 14 by Goddess 1 1 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
eyeball Posted April 14 Report Posted April 14 3 hours ago, Goddess said: I don't know what they think is the cause of this. They don't think it's liberal policies, that's for sure. Nope. It's because the 1% enjoy the protective embrace of right-wing conservative sycophancy. It's like a strong man complex coupled with the notion poor people will never give them a job or they'll just get in the way or something. Best to just scrape em off. 3 hours ago, Goddess said: The ideas have not been tested, they fail and have disastrous results in the real world What ideas, failures and disastrous results exactly? Anything like the ideas, failures and disastrous results of globalization not to mention the trickle down hooey attending it? You people used to embrace, champion and promote your betters when they instituted these ideas and now that they're failing us with disastrous results you blame the left. LMAO! 1 Quote I said now watch what you say they'll be calling you a radical, a liberal, oh fanatical criminal
Goddess Posted April 14 Report Posted April 14 Since Carney is pushing for Canada to join the EU, you all should probably try to keep up with what's going on there. Ursula von der Leyen is urging the EU to drop unanimous voting and switch to majority voting, using Hungary's recent election as the reason to push it. If you didn't know, Hungary often went against the EU in policies when it felt didn't benefit Hungarian citizens. That means, for smaller countries, their vote will no longer matter. A few larger players will be able to steamroll smaller countries on sanctions, trade, taxation, war contributions and migration. Anything Brussels wants, it can get. Your country will no longer have a democratic vote, unelected bureaucrats and technocrats will decide what policies exist in your country. If a majority of nations vote for something, your country doesn't get to opt out, like Hungary did. It will be the end of national sovereignty. This is their idea of "democracy winning", while taking away the mechanism that allowed Hungary to say No to policies that would damage their country, but might be fine for others. The EU is a totalitarian super-government. There is nothing democratic about it. For gawd's sake, pay attention to what Carney is doing. 1 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
ExFlyer Posted April 14 Report Posted April 14 2 hours ago, CdnFox said: Uhhhh newsflash... if you're the age you claimed you were previously you would be a 'boomer', now you're referring to them as a different group than you. Which would make sense if you were still a kid. Gotcha What a fkn ldiot you are LOL And today...even a bigger LOSER of an ldiot LOL Quote You are entitled to your opinion, but you are not entitled to tell me what mine should be.
Goddess Posted April 14 Report Posted April 14 You know what would be funny? If Carney keeps beaking off globally about Trump and then Trump revokes his family visa and freezes his bank accounts. 🤣 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
LinkSoul60 Posted April 14 Report Posted April 14 4 hours ago, CdnFox said: It's become unrealistic for most And it's not just a major cities anymore it's spilling out into a lot of areas. The problem is is that it's to the point where the bottom is squeezed out. Even if you work hard the nature of the shortage is such that only the top percent of people will be able to buy a home because housing prices will increase till that's the only group that can afford it. I haven't really looked at what that percentage is right at the moment but it's probably pretty close to 50% of people, below which you simply will not be able to afford to buy a home in your lifetime unless you're gifted something from your parents That is not what it used to be like. It used to be that literally anyone could buy a home if they worked hard and had a decent job. But that is not the case any longer, you can work hard and have a decent job and earn what has always been considered to be decent pay and you may still never be able to afford a home because housing prices are pushed up due to lack of supply so that only the top 40 or 50% of people can actually get one and even they are straining their economics to make it happen in many cases Affordability has been a problem for the last 15 years and got worse here in Canada and the US during and after the pandemic because of tight supply. Like I said, it's not a birthright to be able to buy a home in Vancouver, Toronto, or other high cost area. I/we sure didn't find it easy when we first bought and started a family, just like it's not easy now. My kids think a $750K to $900K home is reasonable....which I couldn't fathom as a first time buyer, but then again their wages are significantly more than I made 40 years ago. 1 Quote
LinkSoul60 Posted April 14 Report Posted April 14 4 hours ago, John Johnston said: Yep. I have no idea how a young person today can even consider buying a home in the city. I do... they need to make a lot of money 😬 Affordability and changing lifestyles are the driving reasons why multi-family construction has accelerated so much in the last decade compared to single family. Either way, it's not cheap... 1 Quote
Goddess Posted April 14 Report Posted April 14 (edited) 2 hours ago, Goddess said: Since Carney is pushing for Canada to join the EU, you all should probably try to keep up with what's going on there. Lockdowns. When the people don't obey. Climate & energy lockdowns. Mark my words. They saw how easy it was to manipulate you during covid. They created the energy crisis by putting all their money into green crap that doesn't work and shuttering conventional energy. Edited April 14 by Goddess 1 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
LinkSoul60 Posted April 14 Report Posted April 14 4 hours ago, Goddess said: Ah, is that what's changed? It was a birthright for you, but not for young people today. Vancouver and Toronto were 'unaffordable' when your guy was in power. Home prices also rose 86% during his term. No, it wasn't a birthright for me. I came from Ontario to BC and at the time there was a huge difference in housing prices that stretched our dollars to the max. No different than people today who are working hard to pay the bills. If you can't afford to live in the big city or buy a home like you grew up in, then don't, and buy what and where you can afford. That's life... 2 Quote
Goddess Posted April 14 Report Posted April 14 2 minutes ago, LinkSoul60 said: That's life... Life under the Liberals, for sure. Too bad, young people. No house for you. No job that pays a living wage. No family, no kids for you. Skip meals if you can't afford food. You just get higher and higher taxes. Typical Liberal. Disgusting. 1 1 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
LinkSoul60 Posted April 14 Report Posted April 14 3 minutes ago, Goddess said: Life under the Liberals, for sure. Too bad, young people. No house for you. No job that pays a living wage. No family, no kids for you. Skip meals if you can't afford food. You just get higher and higher taxes. Typical Liberal. Disgusting. My kids and their families are young, and homeowners who don't complain even remotely close to what you do. Guess they learned along the way to keep their head down, work hard and don't complain....because nobody cares. It's too bad you weren't taught that same life lesson. 2 Quote
CdnFox Posted April 14 Report Posted April 14 2 hours ago, ExFlyer said: What a fkn ldiot you are LOL LOL sure kid Nice job outing yourself Quote And today...even a bigger LOSER of an ldiot LOL You certainly are, youngster 1 Quote "That which doesn't kill me... Had better start running."
ExFlyer Posted April 14 Report Posted April 14 57 minutes ago, CdnFox said: LOL sure kid Nice job outing yourself You certainly are, youngster What a fkn ldiot you are LOL And today...even a bigger LOSER of an ldiot LOL Quote You are entitled to your opinion, but you are not entitled to tell me what mine should be.
Goddess Posted April 14 Report Posted April 14 The Irish people have risen up against their government. What started as a fuel tax protest, has grown into more grievances - taxation, immigration, the general failure of the government to look after the people. They had a No Confidence vote, but the government still stands by a narrow margin. The people are not letting up, though. The Irish government announced, like Carney, that they would cut 10 cents a liter on gas and the Irish people told them to get stuffed. I wonder if the Irish government has just explained to the people how increasing carbon taxes every year doesn't actually affect the price of anything? That worked in Canada....... 1 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
Goddess Posted April 14 Report Posted April 14 Not sure how this got past the CBC censors. 1 Quote "There are two different types of people in the world - those who want to know and those who want to believe." ~~ Friedrich Nietzsche ~~
eyeball Posted April 14 Report Posted April 14 18 minutes ago, Goddess said: Not sure how this got past the CBC censors. What censors? Coyne, rightly so, also shook his head enthusiastically when the topic included mention of back-benchers feeling less restrained in a Parliamentary environment that is increasingly less disciplined and harder to whip into compliance. We can only hope. 1 Quote I said now watch what you say they'll be calling you a radical, a liberal, oh fanatical criminal
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