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Joined 1 year ago
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Cake day: August 7th, 2023

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  • I.e. you see your home as an investment from which you expect to see a positive return, but now you are afraid that it may lose some of that value.

    No, I don’t see it as an investment. The way the system works sees it as an investment. We’ve created a system whereby housing is overvalued because it’s meant to have inflationary payoffs.

    My parents didn’t see our home as an investment. They just bought homes at random that were close to where they worked and seemed good for kids.

    There’s no option for me to buy a place that isn’t an investment because that’s the very nature of the market.



  • Sorry, you misunderstand slightly.

    I don’t mean investors in the sense of speculative parasitic humans who are devaluing life by overvaluing housing.

    I mean, people like me who have worked from the age of 15-49 and now own a very modest sized apartment that is grotesquely overpriced and has quite literally enslaved me to mortgage payments for years to come.

    If we devalue my apartment, why did I spend decades of sweat and toil to purchase it? Then it feels like I was playing the stock market.

    And this isn’t the same argument as the “why should people get free school when I had to pay student loans” since one doesn’t affect the other. In this situation, if the value of homes come down too significantly, it’s literally devaluing my work.

    I didn’t create the horrible dystopian system we live in but I do unfortunately have to abide by its rules. And now that I have a tiny piece (on paper but owned by the bank) I am hoping (like most Canadians) to take that piece and cash out to retire on in 10-15 years time.

    What I’d really like to see is some kind of national housing strategy that guaranteed people basic housing regardless of their income (even if it’s “zero”). That housing wouldn’t impact the market but it could slow down the unhealthy growth of the valuation of housing.

    If we could totally slow housing valuation growth to the normal 2% inflation, while also creating affordable housing for lower income/no income earners, then the system could adjust and that could be a true win win.






  • If Canada elects this career grifter and fake family man poseur, I am genuinely done with this country. I don’t think I can take another rightwing government at a time in history when we desperately need a party for the working class.

    The last thing this country needs is yet another white male cishet christian fiscal con telling us what the fuck we need. “Everything is broken.” Yeah, because your donors own all our hard work, you muppet.

    I will genuinely move to Europe or something.



  • Yeah, you always think of the negative stories you’ve heard. For example, my accountant’s husband had an operation and the surgeon didn’t do a follow-up with him and he passed away from a blood clot. The widow feels that if the surgeon had done better follow-up care he could have sought help and lived. I guess I just want that reassurance that I’m being looked after and not just another number in a health care system.

    I also recognize it could be a time sink to call and say “hey everything’s fine” but it sure would make me feel better/appreciated as a human being.