My parents in their 30s This would make a lovely second home for our family to winter in. Hopefully the garage can fit both our cars, snowmobile and ski equipment.

Me in my 30s I'll never financially recover from this purchase.

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[โ€“] 2 points 1 day ago* (2 children)

It sure is also their fault. They have a house, they want the price to go up. There is no incentive for them to want more houses built. So they do not get built. So there are too few. Very simple and a big part of the problem. But sure let's just blame rich people, as if that would solve every issue.

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  • [โ€“] 2 points 20 hours ago* (1 child)

    this is the reason. but it makes ordinary people look greedy and awful... and we can't accept that.

    despite all evidence to the contrary. half my my socialist friends who bought homes are now 100% NIMBY, because they want the value of their house to go up, and that 'value' trumps their socialist ones by a large margin.

    because everyone should have housing, but not in their neighborhood! but no, it's not THEIR fault housing prices keep going up, aferall they 'made an investment' and it's not their fault that other folks aren't as 'wise' as they are...

    95% of the peopel here screaming about housing prices not being fair, would 100% support no more development the second they owned a home, because now they are on the flip side of the equation, and everyone pursues their won self interest above all else. the 'rationale' will just go from 'housing is a right' to 'preserve the neighborhood character'.

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  • [โ€“] 1 point 2 hours ago

    Not sure about the exact % but most people, for sure. Imagine paying 500k and then a ton of new houses get built and now it's worth only 300k and you literally pay for years just those 200k of nothingnes...

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