32 Replies to “You’ll Live In A Pod, Eat Bugs, Own Nothing And Be Happy”

  1. Isn’t Canada covered in softwood forests? The primary construction material for housing? You’d think Canada’s homes would be the MOST affordable?

    1. Wood is the lowest cost component in a house. A typical 2,000-square-foot home uses almost 16,000 board feet of lumber and 6,000 square feet of structural panels like plywood. At todays prices that equates to $25,000 to $30,000. I built the last two houses that I have lived in. Land prices – entirely dependent on availability for development (zoning and other restrictions), development charges, planning costs, latest code (energy obsessions), delays and other material shortages are what adds up and “location is everything”. In Biggar Saskatchewan you can buy a decent house for under a couple hundred thousand and in Vancouver, the same house would sell for a million and a half (land availability and regulatory environment).

      1. Got mine for $82K. 5 Bedrooms, 2 Baths. 5000 sq/ft lot.
        Bargains are everywhere, but you may have to sacrifice a bit with location.

    2. “Isn’t Canada covered in softwood forests?”

      The Liberals would rather let them burn than cut them down so they can blame “Climate Change”.

    3. Not when statist wise guys step on the product multiple times with additional levels of government, increasing the cost of new builds 25-33%, while failing to restrain their own reckless spending and borrowing behavior, where solutions consist of hiring more bureaucrats, blame games and disinformation.

      While underestimating the foreign student population by one million, among their many other miscalculations.

      Government, as its creator, is the problem of affordable housing. It spends like a drunken sailor, expecting us to tighten our belts which albeit is easier with the Venezuela style inflation diet they now have us on.

      Government refusing to change its behavior must be replaced, fired like any laggard.

    1. Is title to a house and home ownership the same thing?

      It makes you responsible for the property and then you must comply with all the financial and regulatory requirements, obviously you must pay for building materials at some point, but if there’s so many bylaws and trilaws etc. do you ever really own it?

      1. do you ever really own it?

        Excellent question.

        Answer: as long as you continue to pay rent to the municipality and school board, you may be permitted to remain in the premises. If you should ever fall into arrears to those shake-down operations, however, see how far you get claiming a man’s home is his castle while you’re being evicted.

        In some US jurisdictions, municipalities are seizing property where the tax arrears were relatively trivial. Other cases arose from outstanding fines for lawn care violations. The municipality pays the arrears out of the proceeds of the property sale and pockets the rest. A nice, tidy profit. You know the old saying “if you want to rob a bank and get away with it, own a bank”. Well if you want to rob everything else, become the government.

  3. Personal anecdote: I live in a bedroom community outside Calgary. Drawing card was always real estate was much cheaper than in the city. Population has been exploding recently.

    Next door neighbour was a foreigner who “works” for the federal government but never actually seems to “work”. Put his house up for sale, (probably to cash out and go back home while still drawing a gubbermint cheque and living cheaper abroad). Sold within one week, but I never noticed any showings. List price was 70% more than he purchased it for (from the original owner) just five years ago. No garage, small detached house, nothing special: over half a mil.

    Mentioned this to a local retail lady, and she apparently knew all about the present situation. She told me that easterners are buying up properties site unseen for cash. Whether they intend to rent them out as revenue properties, or whether they are fleeing the eastern hellholes, she didn’t know.

    2. My average, smallish, suburban Calgary home is worth now nearly 3 times what I bought it for 7 years ago. I’ve had 3 realtors knock on my door in the last 2 weeks wanting to know if I would sell. Hubby and I are now discussing if we should ‘fast track’ the get-out-of-the-country retirement plan.

      1. we should ‘fast track’ the get-out-of-the-country retirement plan

        The Canadian situation might in time vaguely resemble the White Russian emigre diaspora, after the Bolshies seized power in Mother Russia.

        Who would have thought that around Y2K? Things are bad and the decay is accelerating.

        1. “we should ‘fast track’ the get-out-of-the-country retirement plan”

          That’s the “Canadian Dream”!

          1. get-out-of-the-country retirement is the “Canadian Dream”!

            Overwintering in a sunny, warmer climate has always been a thing among the well-off.

            Permanent expatriation is new, but definitely a thing now, among old stock, thinking Canadians.

          2. “…….but definitely a thing now, among old stock, thinking Canadians.”

            It truly is, plenty of expatriation vlogs now.

            I suppose “old stock” Canadians with money are tired of listening to skill-less/ clueless leaders calling them racists and misogynists with no future in the “new Canada” all the while they tank the economy and make Canadians lifesaving’s worthless for any meaningful retirement in a frozen wasteland 6 months of the year.

  4. Well … for homeowners this is not bad news .. It’s a good time to sell, cash out and leave this god forsaken mess of a country ,… while you still can.

    Columbia sounds nice. No snow.

    1. Columbia sounds nice. No snow.
      …
      Off the charts crime.
      Right next door, bordering Columbia is Panama,with much better tax laws,especially for foreign devils

      1. Crime is off the charts pretty much everywhere now. Especially in that S-Hole known as America.

        Panama has gone Costa Rica and Belize with high housing costs and too many Gringo expats driving up prices.

        1. No, crime is not “off the charts” in most places n the U.S. — many Democrat-run cities being the exceptions.

      2. Forget Colombia. I’ve been working there for four years and I’m so happy with everything that I’m moving company operations to Chile. Took over a year to get a corporate bank account and we had to change the articles twice. Tried Peru too. Great food everywhere but environmental legislation and CSR are the twin elephants in the room. Ecuadorian mineral potential is fantastic but labour legislation is the killer, in case you want to hire locals. Chile is intractable if you’re looking for lithium but for copper and gold, it is excellent.

  5. Someone tell biden. (Inside Today’s Disastrous Jobs Report: 670K Full-Time Jobs Lost In 2 Months Vs 1 Million Part-Time Surge; Worst Unadjusted August Payrolls Since Great Recession)

  6. its all part of the plan. easy to get the young ones in favor of a home equity tax if canadian home owners are part of the 1% of exceptional rich people.

    or is that just too simple for people to see?

  8. ?.. Its just paper after all.. Im approaching a worth of 2 million dollars and I still work like I’m 25.. What else am I going to do?.. Retire?.. Why even bother.. Im happy one day a week.. Friday ;).. Why give that up?..

  9. I feel like there are two stories in that graph.

    Canaduh. Sure.. overinflated commie fwench shithole. Quelle surprise.

    But look at Jermany and the Pasta Monkeys. It hasn’t been a good quarter century in those Yuropean paradises…

    1. Their populations aren’t going through the roof. Even the mass immigration is only replacing the old people who die off. RE comes cheap in countries with a shrinking population.

  10. Next year new houses in Nanaimo cannot be heated by natural gas. You should have seen the simpering youngish female city councilor saying we have to cut back on CO2 to reduce climate change. Also Victoria General Hospital is rationing operations due to a shortage of nursing staff. Why not reemploy the smart nurses who refused the Covid shot and were fired.

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