REITS need to be banned. People owning multiple homes should face a heavy tax that only increases with each property you hoard. Fuck this noise.

@voluble@lemmy.world
link
fedilink
5
edit-2
2Y

I agree with you. Maybe I’m wrong, but people who own even one home are an older demographic that votes in significant numbers. I feel like the fact that no federal party is seriously talking about fixing the housing issue is a reflection of that.

Sadly the situation will get way worse for millennials and gen z, who are already dealing with bad wages, eye watering tuition rates and a depressing job market. My dad was frugal, but earned 2 university degrees, bought a house and two cars while working as a lifeguard and then a teacher. Today, that would not be possible. Right now, students taking education in post secondary (& probably working a job or two to pay for it) are likely to graduate with crippling debt, and aren’t even certain to get a job in their field. Sad state of affairs.

Create a post

What’s going on Canada?



Related Communities


🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 Sports

Hockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales

🗣️ Politics

🍁 Social / Culture

Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


  • 1 user online
  • 236 users / day
  • 412 users / week
  • 734 users / month
  • 1.96K users / 6 months
  • 1 subscriber
  • 6.43K Posts
  • 58.2K Comments
  • Modlog