this post was submitted on 30 May 2024
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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 […]

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[–] villasv@lemmy.ca 1 points 5 months ago (1 children)

Because he knows conservatives are coming, and this is yet another futile attempt to cater to these devils before election

[–] CanadaPlus@lemmy.sdf.org 1 points 5 months ago (1 children)

He's primarily after the youth vote. I'm not sure which "devils" you mean exactly, but young people don't usually own a home.

[–] psvrh@lemmy.ca 2 points 5 months ago (1 children)

By "devils" he means property investors, bankers and in general the kinds of people that donate to parties and give board seats and reciprocal business arrangements to politicians.

[–] CanadaPlus@lemmy.sdf.org 2 points 5 months ago* (last edited 5 months ago)

It could be, but this benefits all homeowners, and ordinary ones make up the most politically important block, which is why I'm unclear. OP could mean anything from all homeowners (the edgey take) to just the billionaire ones.