Quote:
Originally Posted by Hondaracer
Work hard your whole life, actually exceed your life goals, save up substantial capital to buy a home you would have never thought you’d have 10-15 years ago, and now use that sweat and hardship to buy some 50 year old dump and “settle” for a half ass housing situation you’ll never pay off.
Canadurrrr
So many people here seem to be in the same situation. You’ve actually killed it at life, people who graduated high school in the early 2000’s or later would have never dreamt of having millions of dollars in assets or grinding for a 200-300k per year job, you’ve exceeded all expectations and killed it.
And now you’re living worse than people who made a quarter of what you’re making 25 years ago.
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I'll never forget the time I read an article back in 2012 (around the time this thread started) mentioning how established doctors could not afford to buy property here. I remember as a kid, going down the 'street of dreams' on Westwood Plateau, assuming that's where the doctors, lawyers, big business types all lived. Now I'm being told real estate is too high for them here.
Fast forward through the money laundering, shadow flipping, garbage-bags-full-of-money purchases, empty homes, foreign student ownerships, consulting firms that exist overseas to facilitate all of the above ^ and absolutely unethical standards & practices from some realtors and now we're here in 2024 where it's not only structures that are commodified but the people inside as well!
It was weird for me to walk into the AB market with a BC mindset lol. Not only did they tell me I can put a $50 deposit on a house, but even after I took possession of my home, my realtor insisted I go golfing with her and her friends and keep in touch. They really do want to be your friend after the deal closes. The city-boy in me thinks it's nefarious but the now country-boy in me says 'no, they just want to build a strong community'.
That is the Canada I remember
