The cost of living has always been “good” in canada, but most of that was affordable rent and mortages. During the real estate craze people from all over the world freely purchased all sorts of land in Canada, even to this day.
Now we have this huge bubble of investors and private equity firms trying to make good on these inflated investments, hoping they can pass the buck to the tax payer while people are barely surviving. Rent has doubled in the main cities and nobody is getting a 20-30% raise.
The cost of living has always been “good” in canada, but most of that was affordable rent and mortages. During the real estate craze people from all over the world freely purchased all sorts of land in Canada, even to this day.
Now we have this huge bubble of investors and private equity firms trying to make good on these inflated investments, hoping they can pass the buck to the tax payer while people are barely surviving. Rent has doubled in the main cities and nobody is getting a 20-30% raise.