Why You'll Never Own a House 

molson was the only thing left and now even thats gone

I feel you brother

That's why we legalized weed bro.

have you considered gambling to make it to that “rich” status?

did that for years. ended up in AA lol

Omg LMAO

you seem like a talented gambler

Sadly, it probably won't happen. The main issue with Canada that Big A is not acknowledging is that Canada is gaining a TON of population with their massive immigration programs. China's real estate bubble was mainly that they built way too much for a dwindling demand (thus unable to sustain the high cost of loaning in recent years), while Canada is building not enough for an ever-increasing demand because of the pop gain each year. Unless Canada to a 180 and massively dials back immigration, especially Permanent Residency, this situation will only get worse. Canadians are competing with Indian families who are used to living with 10 people in a single-family home and have on average 4-5 salaries to buy that home vs the regular 2 salaries Canadians would have for it. And since more than 1/4 of all immigration into Canada is from India, everybody is getting priced out by that fact.

Maybe you didn't understand what he was saying...

A housing crash won't help and if one happens at all it'll be temporary. The fundamentals of the market are strong(demand rising with pop growth, shortage of supply, and miniscule growth in new starts) and will just lead to rising prices not long after. The only solution is a MASSIVE increase in construction.

@@BIoknight000 there’s only limited amount of space that housing can be on, and if we just do mass construction like the 40s, it’s just going to create more suburban hell. The real solution is to deinvestmenties housing, and also construct more of the right type of housing. Too bad neither of those things are realistically happening though.

Temporary gains long term pains

Join the party mate. We're all screwed down here.

Real I don’t really want to do this but I got into coast guard academy and since your degree is paid for if you do 5 years I might have to do that because the alternative is accumulating lots of debt lol

China has a real economy, they produce shit. Australia literally sells minerals to China, has a big service economy. Are you delusional? Do you think australia can survive a sanction?

Pokémon unbound is best choice out of those mentioned but atrioc should play radical red for the challenge

Pokémon Gaia and Unbound are amazing! Would also recommend Rocket Red for a fun playthrough

All those are easy af, no? Idk I played them awhile ago. I think he is looking for something more like reborn, rejuvenation or hard mode insurgence. Fan games rather than rom hacks.

Where in Canada could you possibly find a house for $275k rn, asking for a friend

@@benjaminmacdonald8326 rural town in the Maritimes, my dad owns 6 properties there with a combined value around 2 million CAD.

a 275k house? in Canada? did you mean to type "outhouse"?

i forgot to pay off my pizza and now my credit score is 12

Emerald Kaizo doesn’t have physical/special split it’s overhyped

🪑

Lol, it does really suck. The only thing we have is that we aren't the US. Without that, we have nothing

Hardcore radical red might break him

And the weren’t in a good place 5 years ago

Honestly, I think that isn’t as bad as most people think. Retirement homes and LTCs are going to be pressed to find space. Multigenerational homes will help alleviate that, plus I think it’s better for the families.

may i ask why

i’m honestly just curious

​@@emmajaramillo9160I mean obviously I'm going to down the line, but for now it's just not worth the time/money. I'd rather focus on other stuff like my studies and work before having to worry about a house.

also pls play pokemon run n bun or emerald kaizo on stream.

Ftx he was pretty actively against it, i might be misremembering tho it was kinda a while ago

But also a negative prediction of the Canadian economy is just looking at the current situation, which is extremely negative

Prolly was 20 years ago

@Zach_breen I am 25 and have owned 3 houses, I saved up in california, bought my first house in Florida, then Alaska, then Texas, after 5 years away I'm moving back to California this year, and buying a house. Had probably 8K for the move and got a loan for the down payment. 3 guys from my high-school class saved up in Cali and moved to cheaper states and both own houses now, in a few years they are planning on moving back, one of my friends is a web developer and he lives in Costa Rica saves 90% of what he makes because of how cheap it is to live there and spends all day surfing, he has enough to make a down payment and pay a mortgage. Young years are the best years to move around to where it's cheap to live.

Big A is a professional degree tech guy and from the PoV of that sector shit sucks. Basically he has blinders on

You have to be privileged to think those metrics mean anything. "Omg inflation is 0% this quarter", okay? Wages haven't gone up in decades, and inflation is not negative, so the prices have still gone up. Please understand how the economy works before shitting out your mouth

I mean he mostly talked about Canada, which in no way is doing good. just on life support trying to avoid an, at this point inevitable crash.

We are doing so awesome that basically every company is doing layoffs and food, gas, and housing are super expensive. Just because it isn't quite as bad as it was last year doesn't mean we are doing awesome lmao

​@@Shadow-vd8ss it isnt just better than last year, everyone thought we would be in a recession. we are doing pretty good