Quote:
Originally Posted by Traum
It seems like a portion of the population likes to say Canada's immigration policy is making our house costs worse because it creates more demand. (These people also like to say more immigrants make our healthcare costs higher because more people = more demand for healthcare.) I don't know how much truth there is to these "facts", but I know for certain that Canada's birth rate is at ~1.4 children per woman, and the population replacement rate needs to be ~2.1 children per woman.
As the entire world has yet to figure out a way to maintain a non-declining quality of life with an aging and dwindling population, we kind of need immigration here in Canada to keep going.
(Or if you have a way to entice people into having 3 kids each, that would be tremendously useful too.)
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The older millennials (35+ YO) will be the last generation to own single family homes in major urban centres in Canada, unless they come from the wealthiest families. Even then, the last entrants into the detached market will need to hold on their hats and hang on for dear life as other systemic changes to society will redefine our lives over the coming decades.
Quality of life may not be defined by material possessions, but by other intangibles - mental and physical health, air quality/moderate climate, access to fresh drinking water, and the ability to meaningfully contribute in the real world (as opposed to the metaverse).