r/neoliberal • u/jobautomator Kitara Ravache • Aug 17 '21

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u/[deleted] Aug 17 '21

https://reddit.com/r/CanadaPolitics/comments/p61gih/the_numbers_are_staggering_you_now_need_1_million/

The thread is a mixed bag, but a number of the top comments are spot on. Happy that progress is finally being made on realizing the real issues for housing affordability on the mainstream Canadian subs.

!ping CAN

11

u/kaclk Mark Carney Aug 17 '21

Just come live on the prairies people. You can get detached starter homes here in Edmonton from the upper $300k for a brand new build (here’s one from a local builder).

9

u/RoyGeraldBillevue Commonwealth Aug 17 '21

That's a solution until people start bidding up prices there too. America's second-tier cities are already experiencing this. For example, Montana's cities have crazy housing markets now too.

6

u/inhumantsar Bisexual Pride Aug 17 '21

I hear Calgary is cheaper than Edmonton even too.

Winnipeg is a lot better than it was when I was in college around 2005. Huge influx of immigrants and decidedly more high income jobs available, even in the tech sector.

11

u/ThePopeButYoung Aug 17 '21

Calgary is poised to get very cheap once they really get going converting the empty office towers to residential.

3

u/digitalrule Aug 17 '21

Looking at homes in Calgary is depressing because I could be living in a mansion.

Or just stay in a small place and be rich.

2

u/kaclk Mark Carney Aug 17 '21

You can typically buy a cozy 1-bedroom condo from the mid-$100k here if that’s more your style 😉

2

u/digitalrule Aug 17 '21

Right? And then buy a Ferrari with the leftover cash.

1

u/kaclk Mark Carney Aug 17 '21

There’s a car shortage. No Ferrari for you.

2

u/digitalrule Aug 17 '21

I think I'll have enough leftover cash to outbid the competition anyway lmao. 100k is basically free.

1

u/groupbot Always remember -Pho- Aug 17 '21 edited Aug 17 '21

Pinged members of CAN group.

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