Rural Boom: Why more millennials are flocking to small town Canada

The twin crises of the pandemic and housing affordability are creating a seismic shift across the country.
As millennials look to put down roots and start families, they’re saying goodbye to Canada’s big cities and settling in small towns.
But as Krista Hessey found out for The New Reality, big change brings new challenges, including tensions over whether newcomers will contribute to the local economy and a ripple effect of spiking home prices.
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Пікірлер: 174

  • @user-gg5td1dk2w
    @user-gg5td1dk2w2 жыл бұрын

    The typical millennials parents bought their house in the 80's & 90's for around $150K, its now worth $1 million. A millennial makes more than their parents did back then yet still can't buy a house...but rent is more than their parents mortgage was.

  • @user-gg5td1dk2w

    @user-gg5td1dk2w

    2 жыл бұрын

    @Chris As a millennial homeowner I was able to get into the market through the bank of mom and dad, which is still the way most young people get in. My point remains, hard work doesn't go as far as it used to, that's a problem.

  • @fedorbutochnikow5312

    @fedorbutochnikow5312

    5 ай бұрын

    Thanks to liberal policies and maximum safety.

  • @TSARMOTAF
    @TSARMOTAF2 жыл бұрын

    The developers moving in and making houses that are 1 inch apart. You might as well stay in the city b/c you are getting no privacy in that community either! Developers are the devil.

  • @canadafirstdog9051

    @canadafirstdog9051

    2 жыл бұрын

    build it back better UNDER JUSTIN TRUDEAUS INFLATION hahahahahahaa hhaahahaaa hahahaaa

  • @earthcrawler1159

    @earthcrawler1159

    2 жыл бұрын

    Lardlords are scum as well

  • @bcg6760

    @bcg6760

    2 жыл бұрын

    "Grr, its now identical to the small town when i moved there" old guy energy big time

  • @MegaJellyNelly

    @MegaJellyNelly

    9 ай бұрын

    Towns used to be built with houses close together. Look at the name of the type of house called "townhouse", they're called like this bc they used to be the main form of living in small towns. There's nothing wrong with them, a lot of people don't mind them. They allow things to be nearby, and you still get a yard, which is nice.

  • @transportationland6395

    @transportationland6395

    9 ай бұрын

    ​@@MegaJellyNellyThat's true. It is the same with semi-detached houses in Toronto, with many of them very close. You still get a garage, small front lawn, and backyard

  • @FatHedgie
    @FatHedgie2 жыл бұрын

    All the boomers are so mad, and for what? We can’t afford to survive in the city any longer. We deserve to live our best lives in peace

  • @real_lostinthefogofwar
    @real_lostinthefogofwar2 жыл бұрын

    Turning a small town into suburbia, defeats the purpose of living in a small town

  • @Tehscottinator

    @Tehscottinator

    2 жыл бұрын

    There's tens of thousands of people with savings and remote work fighting over a meer couple thousand homes. We need to build more cities and those cities are going to be former towns.

  • @real_lostinthefogofwar

    @real_lostinthefogofwar

    2 жыл бұрын

    @@Tehscottinator Cities are fine, I live in a city, I can walk or take public transit anywhere I want to go, suburbia is built for cars. Cul-de-sac's and strip malls are the grossest things ever conceived of by city planners.

  • @Tehscottinator

    @Tehscottinator

    2 жыл бұрын

    @@real_lostinthefogofwar and yet these are some of the highest value and sought after properties.

  • @civilengineer3349

    @civilengineer3349

    2 жыл бұрын

    @@Tehscottinator Thats in part because theyre the only one available

  • @justinreaume5515

    @justinreaume5515

    2 жыл бұрын

    they don't get it

  • @elizabethtencer7950
    @elizabethtencer79502 жыл бұрын

    The only change I don't like are the hideous suburbs they are allowed to build. Greed and corruption that are developers hallmarks are spoiling all what is attractive in small towns.

  • @canadafirstdog9051

    @canadafirstdog9051

    2 жыл бұрын

    DEBT CLOCK POLITICS economics paints the picture of how people live around the globe remember when the Canadian SILVER DOLLAR Was a Dollar . its worth $31.50 today So , The Canadian Loony is worth ob 2.5 cents . Canadian fiat Money has deflated 100% . 31.5 times + its junk metal = worthless) Housing prices have increased 1000 x how is it going to continue along these graphs ? @canadafirst @ Trump never leave your wingman . AGAINST TE GREATEST ODDS Comes the greatest win watch what happens

  • @jiveturkey9078

    @jiveturkey9078

    2 жыл бұрын

    I agree. I live in one of those suburbs in a small town. I walk down my street and the homes are all the same. When I reach the town center, there's character. It's too bad.

  • @musqul8566

    @musqul8566

    2 жыл бұрын

    This is why they leave cities in the first place. People want nice houses to live in. You want a fancy house. Different priorities.

  • @logicalmusicman5081
    @logicalmusicman50812 жыл бұрын

    Leave the city for a small town. Turn the small town into a small city. The cycle continues.

  • @spawn11

    @spawn11

    11 ай бұрын

    solution please??

  • @logicalmusicman5081

    @logicalmusicman5081

    11 ай бұрын

    @@spawn11 less people?

  • @spawn11

    @spawn11

    11 ай бұрын

    @@logicalmusicman5081 isnt it good for economy? Canada is 2nd largest nation in area. I think we should have population at least 100 million but spread out not in 2-3 cities. Spread out means good living standard not slum

  • @logicalmusicman5081

    @logicalmusicman5081

    11 ай бұрын

    @@spawn11 meh. Could cancel all foreign buyers. That would make it more affordable housing in the cities.

  • @spawn11

    @spawn11

    11 ай бұрын

    @@logicalmusicman5081 foreigners bring money in Canada lol. If Canada cancels foreign investment that's bad for economy.

  • @nosightgaming722
    @nosightgaming7222 жыл бұрын

    I am a blind individual who has lived in big cities his entire life. From Toronto, to Vancouver, never spent much time out of the city. As of a year and a half ago, I moved to a small town of less than 5000 people where there is a 0% homeless rate. One of the main reasons I moved out of a big city, was for safety. I can travel with my dog and not have to worry about what street I’m on. I also got a 3 Bedroom place with a backyard for $1200 a month. I really wish the media didn’t publicize this, because now that everyone has seen that it’s possible, lots of people are gonna start flocking in the direction of small towns. This is one of those things in life that are best kept secret.

  • @laurenstefaniuk6432
    @laurenstefaniuk64322 жыл бұрын

    Not sure what this segment accomplished. Interviews should have been given to long time residents not newbies that just moved here and literally have no idea about what goes on in our small town. I've been living here 25 yrs since I was a child. I've seen some change however much of it not for the better. Stores are closed and what they didn't show on TV was all the "for rent" store fronts. Markdale is sadly still a ghost town. Yes we have 2 stop lights, tim hortons and a Dollarama. That's great but we need more progress. We have 2 cannabis stores but hardly anywhere to eat thst is affordable. It's pretty pathetic actually. The cost of houses is insane while wages here are low. So really only city people can afford. They are buying the homes here, driving the prices up, making it impossible for most people to ever buy or even rent a place.

  • @Dziugenonas

    @Dziugenonas

    Жыл бұрын

    Not sure what this comment accomplished. They did interview long time residents, who did point out the negatives of city people moving to the town. I guess you just didn't have the patience to make it to that part of the segment. Typical boomer.

  • @stoptrudeau42

    @stoptrudeau42

    Жыл бұрын

    Gonna be a whole lot of transvestites and lesbians in rural towns

  • @fedorbutochnikow5312

    @fedorbutochnikow5312

    6 ай бұрын

    I agree with your comment, the urbanites are bringing their city ways with them, not at all embracing the small town feel and manners. With the urban money also comes the greed and overvalued real estate that pushes the locals out of their own communities due to the imbalance of purchasing power now that services can be more expensively catering to those who have more, not less.

  • @nickyb7266
    @nickyb72662 жыл бұрын

    No wonder the houses in small towns in bc are triple the price of what they were 4 years ago! Very sad

  • @canadafirstdog9051

    @canadafirstdog9051

    2 жыл бұрын

    a loonie is worth 2.5 cents

  • @seaside2001

    @seaside2001

    2 жыл бұрын

    Very true. Comox/Courtenay is booming.

  • @bcg6760

    @bcg6760

    2 жыл бұрын

    my family moved back to the comox valley in 1999 and in 2021 that town is going the best it ever has, a gun fight from 2018 is still big news, its stills super nice place. biggest difference now is that the small businesses are run by young innovative people and the drunks cant afford apartments. take the good and the bad

  • @greymanphipps8996
    @greymanphipps89962 жыл бұрын

    Global is so cringe 😬

  • @ML-ov7wo
    @ML-ov7wo Жыл бұрын

    The title isn’t finished, you forgot “… and regretting it.”

  • @SnoopyDoofie
    @SnoopyDoofie2 жыл бұрын

    Nothing in the world stays constant. So get over your griping about small towns being taking over by city folk. You're here on this planet for a blink of an eye. Do something useful for the world, make a lot of money and then you can live wherever the hell you want to.

  • @cynthianoriega7083
    @cynthianoriega70832 жыл бұрын

    🙈🙈🙈🙈🙈🙈🙈🙈 👋😁HI❗ "I have watched the whole Rittenhouse case. 😳 I didn't know that Kyle put out dumpster fire that was being rolled down to a gas station to blow up, with people all around. 😳 I didn't know that the Police were told to stand down as businesses were destroyed. 🙈 I didn't know that Kyles Dad, Grandma and Friends all lived in Kenosha, 20 minutes from where he resided with his Mom part time in Illinois. 🤔🤔( HE WORKED IN KENOSHA) 😳I didn't know that Joseph Rosenbaum knocked him down twice 😱 and then attempted to kick him with lethal force to the head.😱 😞 I didn't know🤔 that Huber had hit him in the head 2x with a skateboard. 😱 I didn't know Gaige Grosskreutz, a felon in possession of firearm, aimed his gun at Kyle first, as he admitted on the stand. 😱 😳I also didn't know that in the State of Wisconsin, it is legal for Kyle to have a gun, even at 17 (which was why the gun charge was dismissed). 🤔 I didn't know that Kyle did not cross state lines with a gun he wasn't supposed to have. The gun never left KENOSHA WISCONSIN. The rightful gun owner did, as he was legally permitted to do.👍 😡 I also didn't realize that Rosenbaum was a 11 COUNTS OF RAPE, convicted 5 times BOYS EVEN 8 AND 11 YREAR OLDS 😡 THIS "Hero😡, Rosenbaum, 😡so the left is calling him. Was a 5 time convicted child rapist pedophile 🔥 and that 😱 Huber was a 2 time convicted woman beater. 😱 I didn't know that Grosskreutz was a convicted Burglar with an assault on his record also. 😡 IF THE MEDIA DID THEIR JOB... we would ALL have known this!" 😤👍😡😡 Thank you MAINSTREAM MEDIA for AGAIN MORE OF YOUR divisive bulshit reporting. A civil war is what mainstream media wants give them more business I remodeled another's Post. Adding much.🤫😂🤗😘 Joe Biden labeled this young man this innocent young man a white supremacist now Kyle is about to sue President Biden cnn msnbc. all that DEFAMED HIM

  • @daktarioskarvannederhosen2568

    @daktarioskarvannederhosen2568

    2 жыл бұрын

    wrong video...

  • @jacekzoltek

    @jacekzoltek

    2 жыл бұрын

    Thank you for compiling this information. I'm more shocked. Indeed the media lies supported by politicians, ideological demagogues may start a civil war in US. Stupid will believe what they say.

  • @lydian5762
    @lydian57622 жыл бұрын

    if it cost 900k what is the point ?

  • @studio1954thereflections
    @studio1954thereflections2 жыл бұрын

    Nice to see young people coming to our small communities...welcome I left Toronto in 1974 and moved to Markdale ...tho I have since been reallocated to a different nearby town I never looked back ....retired now and love living here ...best wishes to all!

  • @redneck4200000
    @redneck42000002 жыл бұрын

    What kinda propaganda is this lol

  • @shaq9361

    @shaq9361

    2 жыл бұрын

    The bad kind

  • @MiVidaBellisima

    @MiVidaBellisima

    2 жыл бұрын

    The one encouraging the comfort of small towns to become big cities

  • @chrisestates8472

    @chrisestates8472

    2 жыл бұрын

    i dunno. but these 2 SCREAM city type. they stand out like a sore thumb in nature. they should be sent back to their basement flat

  • @sean4060

    @sean4060

    2 жыл бұрын

    @@chrisestates8472 100%

  • @stewstubbs9238
    @stewstubbs92382 жыл бұрын

    two girls of course

  • @georgesimon6041

    @georgesimon6041

    2 жыл бұрын

    All the lefty virtue signaling points rolled into one video.

  • @vlogcity1111

    @vlogcity1111

    2 жыл бұрын

    They went to the forest so they can chew on each other’s wild beaver without their parents telling their their ruining their families

  • @georgesimon6041

    @georgesimon6041

    2 жыл бұрын

    @Nashtark 111 Nothing I want to see close up but thanks.

  • @stewstubbs9238

    @stewstubbs9238

    2 жыл бұрын

    @Nashtark 111 funny how most girls nowadays have an adam`s apple..hahahaha

  • @mangaman6833

    @mangaman6833

    2 жыл бұрын

    Rural communities need more lgbtq diversity.

  • @cc_outside
    @cc_outside2 жыл бұрын

    Ya and the country and small town locals wish they wouldn't..

  • @seaside2001

    @seaside2001

    2 жыл бұрын

    They will die off.

  • @ML-ov7wo

    @ML-ov7wo

    Жыл бұрын

    They need a dose of culture and civility

  • @davidpristupa1629
    @davidpristupa16292 жыл бұрын

    I moved much further, to Colombia. I'm much happier here.

  • @ttoch684
    @ttoch6842 жыл бұрын

    Everything and every where is expensive !

  • @canadafirstdog9051

    @canadafirstdog9051

    2 жыл бұрын

    your trading junk money for it not real silver dollars

  • @nickbrooks7171
    @nickbrooks71712 жыл бұрын

    If everywhere is expensive no body will leave the big cities if that is their goals.

  • @spawn11

    @spawn11

    11 ай бұрын

    stagnant wages too ib big cities

  • @JogBird
    @JogBird2 жыл бұрын

    the narration is so slow and monotone

  • @colinbaer1022
    @colinbaer10222 жыл бұрын

    Trailer cost 2800 dollars plus utilities in my town that's an expensive shed

  • @madonnadove
    @madonnadove2 жыл бұрын

    This is gentrification spreading out from cities that are full! It’s kind of sad although there are positives for some opportunists.

  • @ahousecatwhohasacellphone

    @ahousecatwhohasacellphone

    2 жыл бұрын

    I was just thinking that! it's cool that these small towns are getting more citizens, but it also inspires greedy land developers and big businesses to move in as well and kick out all the original residents and the original charm the town once had

  • @maddiesyoutube6023
    @maddiesyoutube60232 жыл бұрын

    Of course they are. For better health. But I hope they won't take the pollution, vehicles, technology, over population, fast food and greed along.

  • @ML-ov7wo

    @ML-ov7wo

    Жыл бұрын

    Greed? Working hard to make more out of your life isn’t hard. Moving to a small town I see how entitled and greedy people can be. It’s sickening

  • @AMentorway4u
    @AMentorway4u2 жыл бұрын

    Wait until they have an accident, or need emergency services. Everyone needs to be within a reasonable distance from hospitals.

  • @JollyOldCanuck

    @JollyOldCanuck

    2 жыл бұрын

    These small towns might become small cities at this rate, small cities tend to get their own clinics.

  • @AMentorway4u

    @AMentorway4u

    2 жыл бұрын

    @@JollyOldCanuck Than it will draw more people, tax increases , ect, ect. Its a viscous circle.

  • @noracrooks4372
    @noracrooks43722 жыл бұрын

    That is wonderful , CELESTE , PLEASE CALL YOUR GRANDMA , I LOVE YOU AND MISS YOU SO MUCH .

  • @bcg6760
    @bcg67602 жыл бұрын

    my family moved back to the comox valley in 1999 and in 2021 that town is going the best it ever has, a gun fight from 2018 is still big news, its stills super nice place. biggest difference now is that the small businesses are run by young innovative people and the drunks cant afford apartments. take the good and the bad.

  • @VirtualFeats
    @VirtualFeats2 жыл бұрын

    This is such good news, Irelands small towns suffer from younger people leaving. Nice to hear some good news!

  • @WorldTraveller0001
    @WorldTraveller00012 жыл бұрын

    Calgary is the only major affordable city in Canada for current and future generations Canadians and Immigrants

  • @pathmasasikumar

    @pathmasasikumar

    2 жыл бұрын

    Edmonton too . Both cities have lands allocation for next 30 years unlike stupid GTA green zones

  • @spawn11

    @spawn11

    11 ай бұрын

    calgary is expensive too

  • @WorldTraveller0001

    @WorldTraveller0001

    11 ай бұрын

    @@spawn11 then go for Edmonton, Alberta 🇨🇦

  • @rexx893
    @rexx8932 жыл бұрын

    BEFORE YOU KNOW IT ,HONEY MOON IS OVER. SPLITSVILLE .

  • @ML-ov7wo

    @ML-ov7wo

    Жыл бұрын

    Yes. You realize why small towns stay small. The only people who stay are those who can’t leave or those who want to feel like a big fish in a small pond

  • @Spartos83
    @Spartos832 жыл бұрын

    The cost of living for a population of 40 million people with the second largest country land-wise has the level of impossibility. They should make another James Bond mission about “mission impossible”; the mission- impossible of getting paid less while everything cost a lot.

  • @colinbaer1022
    @colinbaer10222 жыл бұрын

    My town has Vancouver prices without being in van

  • @ML-ov7wo

    @ML-ov7wo

    3 ай бұрын

    Small town BC is trash

  • @AnhTuPhucDerrickHoangCanada
    @AnhTuPhucDerrickHoangCanada Жыл бұрын

    There's no Chinese drywall

  • @amo_res9266
    @amo_res92666 ай бұрын

    I’m 19 yr old and I wanna live in a small town and maybe own a farm in the future to raise my kids in

  • @BigGroupHug
    @BigGroupHug2 жыл бұрын

    Step 1, shut down the Timmies

  • @miaa7097
    @miaa70972 жыл бұрын

    I love rural Canada

  • @jamiedoherty7873
    @jamiedoherty78732 жыл бұрын

    Chapmans does not pay high wages and internet isn't as big as an issue as it was 3-5 years ago. Listen up Chapmans and start paying your employees better, vaxed and non-vaxed!

  • @hh9172
    @hh91722 жыл бұрын

    Sizemick shift!!

  • @Calvin.rx1l
    @Calvin.rx1l2 ай бұрын

    Out of all the millials moving to small town they chose two lgbt women.

  • @AhriGames
    @AhriGames2 жыл бұрын

    Here comes the indians

  • @soledadovich7308
    @soledadovich73082 жыл бұрын

    Because we are tired of all the f@ckery that's why.

  • @Grimmes12
    @Grimmes12 Жыл бұрын

    Is the reporter the DeGrassi girl?

  • @Headinavise
    @Headinavise8 ай бұрын

    So your jobs and worth the cost. Why not more to an even cheaper place ?

  • @Whistlewalk
    @Whistlewalk2 жыл бұрын

    This is not a growth of property 'values' - its a hike in property 'cost'.

  • @TheKriBlade
    @TheKriBlade Жыл бұрын

    Yup, left Vancouver BC ( born and raised) for small town sask. I finally can feel like I'm able to post down roots, have more economic and business opportunities and more. Now when I visit home I can do all the fun things Vancouver has to offer vs living in Vancouver paycheck to paycheck and unable to do anything fun or enjoy the cities beauty. Hope I can one day retire back in BC (but probably not $$$$$$). At least a dollar goes further out here, better quality of life now.

  • @ahousecatwhohasacellphone
    @ahousecatwhohasacellphone2 жыл бұрын

    it sucks that the locals are being forced out

  • @FreeJulianAssange23
    @FreeJulianAssange232 жыл бұрын

    As a millennial with three GenZ adult sons, how is it possible other millennials are just starting now?

  • @MegaJellyNelly

    @MegaJellyNelly

    9 ай бұрын

    I'm a milennial/gen z cusp, and I'm only 25. About to start soon, held back by the prices though, it's not that surprising that some ppl just started last year.

  • @Calvin.rx1l

    @Calvin.rx1l

    2 ай бұрын

    You must be an older millennial perhaps maybe on the cusp of gen x. They are talking about millions born in the 90s who are just starting now. Even if you had your kid at age 18 and your born in 90 the oldest your kid would be is 18.

  • @jakelionlight3936
    @jakelionlight39362 жыл бұрын

    Thumbs down +1

  • @rigg4146
    @rigg41462 жыл бұрын

    stay in the city. don't ruin rural communities

  • @mangaman6833

    @mangaman6833

    2 жыл бұрын

    No. Rural communities need more lgbtq diversity.

  • @rigg4146

    @rigg4146

    2 жыл бұрын

    @@mangaman6833 quite a bit of diversity in my area

  • @ML-ov7wo

    @ML-ov7wo

    Жыл бұрын

    Ruin? Small towns are full of depraved very sad people. I would urge city people not to waste they’re time moving there for their own sake, but they would offer a good dose of life and glimps of civility

  • @jltunes
    @jltunes2 жыл бұрын

    All will be ok until they find out property tax 🤣

  • @canadafirstdog9051

    @canadafirstdog9051

    2 жыл бұрын

    TAX CHECK . are you trying to escape the Tax checkmate ? 12% tax on 1 dollar passed 1 time a day for 30 days = $3.60 cents in tax . how do you pay $3.60 in tax with the 1 dollar ? how much is in your pocket right now and what do you owe in debt . how long on the graph . can you sustain living above water

  • @jltunes

    @jltunes

    2 жыл бұрын

    @@canadafirstdog9051 Hey, I was talking about PROPERTY TAX since I am a property owner. Check out property tax between big cities & Rural area in Canada.

  • @canadafirstdog9051

    @canadafirstdog9051

    2 жыл бұрын

    @@jltunes that is a Great Suggestion . checking out the real estate listings for Only BC out of the Vancouver area i have noticed what you are saying .

  • @whitelightningyoubet
    @whitelightningyoubet8 ай бұрын

    You've turned us into peasants. Its not really shocking.

  • @zekplan4618
    @zekplan46182 жыл бұрын

    Why they always choose the gay couple. Lol

  • @rolotomassi4917
    @rolotomassi49172 жыл бұрын

    Unfortunately, the cell towers come with them.

  • @goldenretriever6261
    @goldenretriever62612 жыл бұрын

    White flight! That's why I moved away from Toronto.

  • @justinreaume5515

    @justinreaume5515

    2 жыл бұрын

    thats it

  • @davidt9238
    @davidt92382 жыл бұрын

    This little town will be overrun by Starbucks mamas with their baby joggers and SUV’s.

  • @kvayakkath9936
    @kvayakkath99362 жыл бұрын

    Heads up, disclaimer, grandpa's euthanasia camps located mere two farm south. Find strange stench in the air late evenings much? Just bodies getting dumped inside incinerators. Nothing alarming. Enjoy your stay.

  • @drewskidrewski8945

    @drewskidrewski8945

    2 жыл бұрын

    Soylent green is coming lol

  • @canadafirstdog9051

    @canadafirstdog9051

    2 жыл бұрын

    portable truck versions of fire and ice DISPOSALS where used in NY

  • @jeycalc6877
    @jeycalc68772 жыл бұрын

    lol gays in rural Canada, GOOD LUCK

  • @ML-ov7wo

    @ML-ov7wo

    3 ай бұрын

    you'd be surprised. debauchery finds its way into these dirty old towns

  • @linebrunelle1004
    @linebrunelle10042 жыл бұрын

    very selfish

  • @bobbybird4985
    @bobbybird49852 жыл бұрын

    lol

  • @jonjones1336
    @jonjones13362 жыл бұрын

    Most of these people who are working from home and think that means they can move 500 km into nowhere will regret it. It's not that easy. These are the same people who voted for JT, whose favourite past time is pricing out vulnerable Canadian women out of the domestic Canadian shelter market and causing them to move in with abusive partners just to be able to have a roof over their head. For neoliberal bourgeois JT this is worth it as long as it means his foreign billionaire champagne buddies bring their questionable offshore money and park it in Canada by treating the Canadian domestic shelter market as their personal stock market playground. But JT correct a question asker once and said "teehee we prefer to say humankind not mankind." So there you go, he is pro-women. That seals the deal of course. Last time I checked minorities were also Canadians, and Canadian minorities are also being price out of the market by JTs international billionaire buddies. How can you be pro-woman and pro-minority if you are doing this to them? But I guess it is working, 30% of the country voted for him yet again. And again he obviously lied, he said he would ban foreign ownership (even though he had 6 years to do so and willingly chose not to do it). Instead his policies are making even more difficult for hard working Canadians (including women and minorities) to buy for the first time. He put a mortgage stress test. Meanwhile the issue is foreign billionaire buying with cash and not even taking on a mortgage. A recent report unsurprisingly revealed 30 billion dollars worth of GTA properties in the past decade was bought by questionable offshore money. But if you are Canadian: Needed an 80k income and 100k down to buy a shoe box in the sky? Too bad, Justin will now require you to have at least a 130k salary and save 150k down with his mortgage stress test aimed at making you even more likely to lose to his international billionaire buddies. Tough luck if you didn't get a 50k raise in past past year. Justin loves you though, he called you humankind and stood up for you when someone made the crime against humanity of using the term "mankind." Priorities.

  • @Fuzzy-_-Logic
    @Fuzzy-_-Logic2 жыл бұрын

    Apparently getting into politics feeds you well at all levels.

  • @ronaldbernard8139
    @ronaldbernard81392 жыл бұрын

    Shove your "New Reality".

  • @canadafirstdog9051

    @canadafirstdog9051

    2 жыл бұрын

    OPTICAL FOCUS & The circle of Confusions . The GREEN NEW Fail . windfarms , solar panels , electric cars - MATH WHEN PEOPLE DO THE RESEARCH -------- THE MATH IS NEGATIVE . who is driving Black child mining labour in the congo on the Canadian highways Windfarms - use more energy to make than they will ever produce = negative energy . costs a lot more money . solar toxic panels - go buy one and see how it works for you ? hog fuel , diesel , river hydro , dam hydro - what is charging up you ?

  • @Thankyou_3
    @Thankyou_32 жыл бұрын

    Where are your husbands and children, do they like it too?

  • @Lucaeus
    @Lucaeus11 ай бұрын

    Small towns rule.

  • @ML-ov7wo

    @ML-ov7wo

    3 ай бұрын

    small towns are where people go to slowly die

  • @aynrandfan7454
    @aynrandfan74542 жыл бұрын

    I was lucky my parents helped me buy a 3.2 million dollar home in Vancouver now it went up to almost 4 million in assessed value but likely wont sell any time soon given our great rate environment and low supply of homes. Great long term investment overall canadian real estate one of the best commodities

  • @sean4060

    @sean4060

    2 жыл бұрын

    Extremely lucky. You need to repay them in some way. That’s like winning the lottery

  • @vasilytanygin
    @vasilytanygin2 жыл бұрын

    Millenials simply realised that all that fancy bike lanes, cafes and festivals are paid from their taxes.

  • @user-gg5td1dk2w

    @user-gg5td1dk2w

    2 жыл бұрын

    I'll give you something to think about, Millennials parents bought their house in the 80's and 90's for around $150K, its now worth $1 million. A millennial makes more than their parents did back then yet still can't buy a house...but rent is more than their parents mortgage was.

  • @vasilytanygin

    @vasilytanygin

    2 жыл бұрын

    @@user-gg5td1dk2w This is called inflation. Land available for living is limited. This is why home prices show a real value of your income.

  • @user-gg5td1dk2w

    @user-gg5td1dk2w

    2 жыл бұрын

    @@vasilytanygin Whatever you want to call it, it clearly isn't sustainable or right. How are young families supposed to buy multi million dollar starter homes? without parental help or winning the lottery it isn't possible. I say this as a homeowner to show I'm not biased.