Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
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Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#2in many major canadian cities right now the minimum required income to meet the income ratio tests to afford a new mortgage for the cheapest, smallest 1BD condo on the market is now $150,000/year.
the real estate value bubble has expanded beyond all reasonable limits.
entirely aside from the assisted death issue, something has gone fundamentally wrong in the economy if it looks like there's going to be a permanent sub-class of rental wage slaves for life. compare this to the ratio of annual gross or net wages to mortgage carrying costs for a person from the baby-boomer generation buying a house in canada in the 1970s or 1980s.
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#3in many major canadian cities right now the minimum required income to meet the income ratio tests to afford a new mortgage for the cheapest, smallest 1BD condo on the market is now $150,000/year. the real estate value bubble has expanded beyond all reasonable limits. entirely aside from the assisted death issue, something has gone fundamentally wrong in the economy if it looks like there's going to be a permanent su…
> the real estate value bubble has expanded beyond all reasonable limits.
I'm very interested to find out how this ends...
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#4Whats wild about affordable housing in Canada is that for every newly built unit we lose 15. Yet almost nobody is talking about that part. You cant build your way out of the problem before you plug the leak. But there are obvious misaligned incentives to do that. The value system of our economy and culture seems to be obsessed with making basic needs a profit center, at all costs, regardless of the consequence.
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#5in many major canadian cities right now the minimum required income to meet the income ratio tests to afford a new mortgage for the cheapest, smallest 1BD condo on the market is now $150,000/year. the real estate value bubble has expanded beyond all reasonable limits. entirely aside from the assisted death issue, something has gone fundamentally wrong in the economy if it looks like there's going to be a permanent su…
> the real estate value bubble has expanded beyond all reasonable limits. I'm very interested to find out how this ends...
Societal breakdown and balkanization in Canada? Seems it is already approaching that point.
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#6in many major canadian cities right now the minimum required income to meet the income ratio tests to afford a new mortgage for the cheapest, smallest 1BD condo on the market is now $150,000/year. the real estate value bubble has expanded beyond all reasonable limits. entirely aside from the assisted death issue, something has gone fundamentally wrong in the economy if it looks like there's going to be a permanent su…
> the real estate value bubble has expanded beyond all reasonable limits. I'm very interested to find out how this ends...
I’m more curious how it started.
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#7When the state does more to keep medically-assisted death accessible than living, that seems a lot like eugenics to me
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#8in many major canadian cities right now the minimum required income to meet the income ratio tests to afford a new mortgage for the cheapest, smallest 1BD condo on the market is now $150,000/year. the real estate value bubble has expanded beyond all reasonable limits. entirely aside from the assisted death issue, something has gone fundamentally wrong in the economy if it looks like there's going to be a permanent su…
> the real estate value bubble has expanded beyond all reasonable limits. I'm very interested to find out how this ends...
It will end in either a correction of the price of housing, or a correction on the currency those houses are priced in to bring it back in line with the rest of the world, because from my understanding the economics when adjusted for wages in Canada is the number that is way out of whack. Place your bets!
Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#9Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death
#10MAID is a huge bummer. MAID is one of those things that doctors can't really discuss, because you'll get attacked for it. A lot of Canadian doctors are silenced about this topic. It bears similarity to the avoidance doctors have with speaking (anything at all) about COVID - they're worried about their jobs.
https://nationalpost.com/news/canada/the-troubling-debate-ov...
The government is being quite clear about this. They'd rather you just die than waste tax dollars.
I don't even like calling it MAID. It's more accurate to call it government sanctioned suicide/homicide