this post was submitted on 17 Sep 2023
58 points (95.3% liked)

Canada

10258 readers
729 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

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


founded 4 years ago
MODERATORS
 

An affordable housing crisis that is hurting the Canadian government's popularity will take years to resolve, even if construction hits an 80-year high, Finance Minister Chrystia Freeland said on Saturday.

you are viewing a single comment's thread
view the rest of the comments
[–] folkrav@lemmy.world 5 points 2 years ago (1 children)

This. My wife and I, as a household unit, are apparently top 7-8% in terms of yearly earnings. 3-4 bedroom houses are out of our reasonable budget in Montreal and surroundings. Some people have told me I'd qualify for a duplex and could just live in the first and rent out the second unit, but I'm not interested at all in contributing to this trend of increasingly commodifying access to housing. I'd buy close to town, but with the current market and rates, the payments would be insanely high. So I could maybe buy super far from town, but then I'm putting all my faith into being able to work mostly remotely forever, as most jobs in both of our fields are either in or around Montreal.

[–] Smk@lemmy.ca 4 points 2 years ago (1 children)

I'm also a top earner and this market is just freaking stupid. No way am I going to ruin myself just for a 4bedroom place for my family and me.

[–] folkrav@lemmy.world 0 points 2 years ago

The way things are going, we're gonna ruin ourselves with rent eventually too lol