Even the shittiest shitbox is well over a million, and finding anything descent looks impossible. I say this cause Zillow finally works in Canada and i was curious one day. Who the fuck is buying up this overprice housing, it has to be fraud or something
It's not overpriced. The value of the Loonie has plummeted.
The shittiest shitbox home used to cost the equivalent of this many cartons of milk and that many loaves of bread. And it still costs the equivalent of the same amount of cartons of milk and loaves of bread.
So why is there so much inflation in Canada?
My grandparents worked and paid taxes. After 10 years of paying taxes, they paid their fair share towards the water treatment plant. After 20 years, they paid their share towards the electric grid. After 30 years, the school. And after 40 years of paying taxes, they finally paid their fair share towards the hospital. Because of them paying taxes, I was born in a hospital, went to a school, etc. which their lifetime of taxes paid for.
Now Canada is flooded with immigrants. Immigrants who need water, schools, hospitals. Even if they get jobs and pay taxes, it'll take them 40 years before they pay their share.
But they need those things RIGHT NOW. They can't wait 40 years.
So the government borrows and prints money. Causing inflation. Massive inflation.
Not_C 0 points 2 weeks ago
It's not overpriced.
The value of the Loonie has plummeted.
The shittiest shitbox home used to cost the equivalent of this many cartons of milk and that many loaves of bread.
And it still costs the equivalent of the same amount of cartons of milk and loaves of bread.
So why is there so much inflation in Canada?
My grandparents worked and paid taxes.
After 10 years of paying taxes, they paid their fair share towards the water treatment plant.
After 20 years, they paid their share towards the electric grid.
After 30 years, the school.
And after 40 years of paying taxes, they finally paid their fair share towards the hospital.
Because of them paying taxes, I was born in a hospital, went to a school, etc. which their lifetime of taxes paid for.
Now Canada is flooded with immigrants.
Immigrants who need water, schools, hospitals.
Even if they get jobs and pay taxes, it'll take them 40 years before they pay their share.
But they need those things RIGHT NOW. They can't wait 40 years.
So the government borrows and prints money. Causing inflation. Massive inflation.