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Study ranks most unaffordable cities to buy a home 

CP24
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Two major Canadian cities fall under the category of "impossibly unaffordable" in a new report.
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Опубликовано:

 

21 авг 2024

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Комментарии : 54   
@adamgibson473
@adamgibson473 2 месяца назад
Toronto is also has the worst traffic in north america. Making the charts in many ways
@wtfmate501
@wtfmate501 2 месяца назад
Fraser opening the flood gates to Indian and Chinese immigrants, Guilbeault implementing a carbon tax, Freeland unable to count to 10, and a black face drama teacher leading Canada; Perfect recipe for crippling an economy.
@MacI-1970
@MacI-1970 2 месяца назад
Ontario and British Columbia are dumps right now
@_Just_Another_Guy
@_Just_Another_Guy 2 месяца назад
Both provinces are doing just fine and even higher in GDP than Alberta. 2023 GDP (source: StatsCan): British Columbia: $109.5 mil GDP Ontario: $105.6 mil GDP Alberta: $103.1 mil GDP Saskatchewan: $101.9 mil GDP
@_Just_Another_Guy
@_Just_Another_Guy 2 месяца назад
@@MacI-1970 statistics > opinions pulled from @$$
@dariusaliena5237
@dariusaliena5237 2 месяца назад
ur also forgeting, were biggots and racists. apparently 🤣
@PeePeePooPoo455
@PeePeePooPoo455 2 месяца назад
Toronto?!? So you’re telling me, when you get paid the same amount as people in Mississippi and Alabama, but pay California level home prices, it’s unaffordable?!?! 🤯
@georgedurrant1766
@georgedurrant1766 2 месяца назад
Forgot the taxes.
@ngvkhtnw22
@ngvkhtnw22 2 месяца назад
Canada has many laws but no enforcement. All highway speed limit is at 100km/hour but how often this is being enforced. International students are supposed to leave the country after graduation but no one is enforcing it. Temporary workers are supposed to leave the country after their work permit expires but no one is enforcing it. LMIA policy for hiring foreign workers is supposed for employers to prove that job openings have no Canadian takers but no one is enforcing the accuracy and authenticity of these LMIA applications. Canada loves to enact laws that it knows that no resources are available to enforce these laws.
@johnnyboyvan
@johnnyboyvan 2 месяца назад
No kidding! There is nothing affordable.
@rafial81
@rafial81 2 месяца назад
Enjoy Trudeau's massive immigration 😂, and inflation
@DL-ds7xp
@DL-ds7xp 2 месяца назад
Governments wasteful spending habbits, 30% cost of building a new home goes to permit fees. 3 year delay to get permits to build. Highest immigration in the world. What we do without the government our whole society would collapse
@iitsEfnisien
@iitsEfnisien 2 месяца назад
shocker
@JSRTales
@JSRTales 2 месяца назад
not a all
@_Just_Another_Guy
@_Just_Another_Guy 2 месяца назад
I'm surprised they found Vancouver more expensive than Toronto when Toronto has the higher population and the highest GDP of all other Canadian cities.
@littlelittle5
@littlelittle5 2 месяца назад
And Toronto keeps voting Liberal 😂
@user-ye2jq1bs7j
@user-ye2jq1bs7j 2 месяца назад
I don’t think there’s a shortage of houses, I believe the are being sold to investors and large corporate landlords who can buy up the property that should have gone to regular folks.
@shauncameron8390
@shauncameron8390 Месяц назад
But thanks to bureaucracy that priced and regulated regular folks out of the market, only the rich can afford to build and/or own property.
@bmoshareholderappleshareho855
@bmoshareholderappleshareho855 2 месяца назад
The media keeps using the word 'affordable'. But affordable to whom? To people who make $200K per year, $300K per year?
@TurningoffyourGaslights
@TurningoffyourGaslights Месяц назад
Toronto city council put in a vacant home tax to deal with all those empty condo towers. But they only went after seniors who didn't understand or know about the requirement to declare, who didn't understand .. who had no one to assist them. A deliberate attempt to shake them down, to force them out of their homes...till the city was outed in some of the media, who mostly suppressed the whole thing.
@Megafoot2164
@Megafoot2164 2 месяца назад
Why broadcast a news report, on something we know that nobody at any level of government, has ever been willing to solve ? Toronto, became embarrassed about its blue collar, humble, roots, and began chasing the New York/ Chicago image. Even though, both of those cities are mired in shortfalls. Are we only to tailor city policy to visitors who stay for hours or days ? Or, should the main focus of the mayor(s) and city council be on the residents of Toronto ? These things do not happen in a vacuum, nor do they happen overnight. They are decades long policy’s and pursuits that have failed the residents. For what ? Bragging rights ? It’s about time that Canadian politician’s focus on what really matters, the people of Canada, the heart, the soul of this country we call home. As an example, “ the spa by the lake “ . Doug Ford is embarrassed about what Ontario Place was, & sold out in favour of a vision, that caters to the privileged. Not the heart and soul, of the people of Ontario. 🇨🇦✌🏼🇨🇦✌🏼🇨🇦🤨
@Glory-to-God.
@Glory-to-God. 2 месяца назад
But all the policies makers have no problems buying even multiple homes .
@dwights1024
@dwights1024 2 месяца назад
Nothing wrong with buying homes as investment it's been an investment vehiclesfor decades
@overtronwindows
@overtronwindows 2 месяца назад
I bought a house in toronto but my daughter wont share her dollhouse now.
@dariusaliena5237
@dariusaliena5237 2 месяца назад
im 22 and unfortunately will be come homeless unless i move out to a rural town or out the country. legit born and raised and i cant afford 75% of my income for RENT
@JConway416
@JConway416 2 месяца назад
trudeaus Canada 🇨🇦
@govegan6112
@govegan6112 2 месяца назад
I'm shocked CP24 hired a white guy.
@molbaimmagoondae3880
@molbaimmagoondae3880 2 месяца назад
Canadian: Elects a Drama teacher as a PM Also Canadian: "Why are things sooooo baaaaaddddddddd??" 😭😭😭😭😭😭😭 Torontonian: " Fuq it, Let's elect an NDP as our Mayor this time"🤣🤣🤣🤣
@treynolds94
@treynolds94 2 месяца назад
Of course they are all mjor cities. People need to srart clueing in that there are more places to live then these cities. The more cities and diverse populations makes everywhere cheaperm
@Ryan-sn2bk
@Ryan-sn2bk 2 месяца назад
I thought Sean Fraser was working on houses? Where and how much?
@sarasmith9333
@sarasmith9333 2 месяца назад
sold o7ut country. economy bleeding allowed so. blah blah blah
@bankai1234561
@bankai1234561 2 месяца назад
Whats new in the news
@andrewmccoll1582
@andrewmccoll1582 2 месяца назад
Even if you are in the top 5% under 30 and manage to buy, you are STILL a loser as I found out. Condo prices going down, nobody left to be the bigger fool anymore in Toronto or Vancouver.
@annetoronto5474
@annetoronto5474 2 месяца назад
There are too many condos on the market, not only will the price drop a bit, but builders are going to put projects on hold! 😮 A lot of the condos that were built in the past few years are too small to live in and are not worth buying except as an investment property to rent out, but with all the problems of finding a good tenant, a lot of people don’t want to deal with it anymore.
@andrewmccoll1582
@andrewmccoll1582 2 месяца назад
@annetoronto5474 I didn't get a sub 700 square foot condo thankfully but still the whole market is flatlining
@hchalz
@hchalz 2 месяца назад
Canada is the best country on earth in human history. It would be criminal if Canada had been affordable. We need to push Canadian housing to $10MM each minimum, which is the fair price to reside in this incredible country
@AgressiveAndre
@AgressiveAndre 2 месяца назад
Troll
@AgressiveAndre
@AgressiveAndre 2 месяца назад
Buddy I don’t think that is how housing works 😂😂
@ocirontariocryptidinvestig8010
@ocirontariocryptidinvestig8010 2 месяца назад
this is why we need immigration nobody here is willing to build houses. either way I do not understand why young people need houses its not a global norm to live in houses.
@ihan74
@ihan74 2 месяца назад
We need skilled trades who can speak and understand English. Just take a look at LRT construction, we have so many foreign contstcuion workers who can barely speak English. No wonder why it takes more than 13 yrs and yet not operational!
@georgedurrant1766
@georgedurrant1766 2 месяца назад
Top sources of immigration are India and China. Never seen anyone from either working in the trades. It's not the norm in Canada to live 20 to a house, but try telling Indians that. That means a fraction of the property tax per person while infrastructure and services are overloaded. Turns out Canada doesn't have magic dirt. They're recreating India in Canada. The slums of tomorrow.
@shauncameron8390
@shauncameron8390 2 месяца назад
Actually yes it is. Apartments are only a thing in the biggest of big cities.
@teamrelentless2239
@teamrelentless2239 2 месяца назад
How the heck is toronto 11th and Vancouver 3rd. Ya right lolll
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