Homebuilding costs in Canada soar 51% as population surges
Homebuilding costs in Canada soar 51% as population surges
Surging construction costs in Canada are putting new pressure on home prices, worsening a severe affordability crunch, says RBC. Read more
You're viewing a single thread.
We are living during times of excess prosperity but somehow we can't afford to provide needed services to the population... where is all the money going?
Asking for a friend.
5 0 ReplyWealth has been concentrating at the top for the past few decades now in ways the modern world has never seen before.
This is US-centric, but Canada hasn’t been much better. https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/
4 0 ReplyCanada is ripe for the picking, we let our telecoms walk all over us.
I wonder how much of our "economy doing great" is just businesses generating GDP from crap like this...
4 0 ReplyThat's a fundamental problem with just relying on GDP. It measures economic activity, not the people's prosperity.
2 0 Reply
where is all the money going?
Up into space and down to the bottom of the ocean apparently.
3 1 ReplyThat's just the trickle down. Check the pockets and bank accounts, panama papers...
3 0 Reply