Another expert I saw mentioned that their predictions of the worst-case stuff for the future is that it will be twice as bad compared to now. A lot of lives and houses, infrastructure, etc. can be lost when live in a reality where our fire fighting has to pick and choose which cities and livelihoods we save.
Yes this is true everywhere in Canada. Property owners have very few obligations beyond mowing the lawn and paying property taxes which have shrunk by 70% since the late 90s relative to the sale price of a home. It’s dirt cheap to own a property once you’ve acquired it.
Winnipegs mill rate is 12.9 today. In 2002 it was 29! Before that it was even higher.
I left Toronto because I couldn’t afford to buy a somewhat cheap condo or a reasonable house. My household income was $160k at the time. It’s a nice city with great services, great people, but the housing is unbelievable - it forced me and my family out with our two kids.
I have also visited Copenhagen and it’s the same there - extremely high housing costs means that you’re poor by default unless you bought in 20-30 years ago. Great, I can buy a beer for 5 kroner, but housing is an apartment for $300k
Calgary, Sydney, Auckland, Vancouver… yes, all of these also apply.
You’re white, right? An immigrant?