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submitted 5 months ago by lautan@lemmy.ca to c/canada@lemmy.ca

Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a [โ€ฆ]

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[-] CanadaPlus@lemmy.sdf.org 21 points 5 months ago

Why the fuck would he say this right now.

[-] rab@lemmy.ca 2 points 5 months ago* (last edited 5 months ago)

Because he knows he lost and now he's trying to leave the biggest mess possible to smear the next party

PP will win by doing nothing and then we are seriously in for a world of hurt

[-] CanadaPlus@lemmy.sdf.org 1 points 5 months ago

Hmm. Polling as the Conservatives are, would they win against a united left? I've suggested a strategic exit from three-way races on here before, but maybe that's not even enough.

There's also a US election between now and then.

[-] psvrh@lemmy.ca 3 points 5 months ago

The Liberals would rather lose than be part of meaningful progressive coalition.

Even the current situation is unpleasant for them, as exemplified by how grudgingly they'll deliver even the meanest social program.

[-] CanadaPlus@lemmy.sdf.org 1 points 5 months ago

It doesn't even have to be a coalition. They could pull out of some ridings unilaterally, and might want to if it guarantees another minority government.

[-] rab@lemmy.ca 2 points 5 months ago

I mean I hope not, but I think they would win if there was an election today

[-] villasv@lemmy.ca 1 points 5 months ago

Because he knows conservatives are coming, and this is yet another futile attempt to cater to these devils before election

[-] CanadaPlus@lemmy.sdf.org 1 points 5 months ago

He's primarily after the youth vote. I'm not sure which "devils" you mean exactly, but young people don't usually own a home.

[-] psvrh@lemmy.ca 2 points 5 months ago

By "devils" he means property investors, bankers and in general the kinds of people that donate to parties and give board seats and reciprocal business arrangements to politicians.

[-] CanadaPlus@lemmy.sdf.org 2 points 5 months ago* (last edited 5 months ago)

It could be, but this benefits all homeowners, and ordinary ones make up the most politically important block, which is why I'm unclear. OP could mean anything from all homeowners (the edgey take) to just the billionaire ones.

this post was submitted on 30 May 2024
63 points (90.9% liked)

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