At 72 I imagine my math skills will be a little soft too. Most people that aren’t professional investors don’t understand that the price of everything always rises, opportunity cost determines return.

In this case, Canada’s talent that can afford to live here should be asking itself if they should see a third of their hard work go to a Boomer just because they were born first, or should they move to an economy where that extra money can buy a higher quality of life, security, and help their career.

$2 million home would also get you into some of the nicer neighborhoods in the US, since home values aren’t a ponzi system to replace the poor labor opportunity like in Canada.

Look up the word sacrifice and see if maybe this is something could help your problem. Waiting for government can be a long process

Sure he is. Parasite. This is what such “investors” are. A lot of investors and troubles are piling up? How come? Where is the market and investors magic wand?

Who was warning in 2012, when inflation-adjusted home prices in Toronto just recovered its 1989 high? Today is different though, not because of home prices—but Canada doesn’t offer any growth opportunity for anyone with even a low level of in-demand skills.

When I arrived in Canada, I could at least become a tradesperson and do quite well. Hard work, but at least you could see the things you’re getting. Today a tradesperson might be well paid, but that pay still isn’t enough to live in most cities.

Exactly, it’s Millenials fault that housing is 8x as expensive (inflation adjusted) than it was in the 80s.

They need to pull themselves up by their bootstraps and stop eating so much avocado toast.