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PaperclipPerfector  7mo ago (text post)   27621 thread views

Culture War Roundup for the week of April 15, 2024

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The Liberals have dramatically increased the immigration rate, which certainly has inflated property values. There are good arguments to defend this, among them that the higher property values are a net gain for Canada since the vast majority of property is owned by Canadians and most Canadians are homeowners. It really only hurts renters whose parents aren't homeonwers and therefore won't inherit that wealth. Most young Canadians, even if they rent, have parents who are benefiting from this and therefore shouldn't really complain (although they do).

It's bleak compensation for me if after twenty years of a degenerative enforced lifestyle I receive some wealth from my parents after they die. Yours seems to be an extremely materialistic view: you are placing immense value on greatly delayed net worth maximization while discounting life choices that people are funneled into today. I'd go so far as to say that net worth is of minor value compared to qualitive aspects of lifestyle which do not depend on it so much as on personal and public choice making. A society that chooses to be more healthy and virtuous is better than one which is simply richer, particularly if the riches are withheld until given members reach middle-advanced age. Net worth calculation should take a definite back seat to other matters such as intellectual, physical, and creative enhancement.

There is no reason why it has to be delayed. The parents can sell at any time.

We are talking about housing affordability? What do you mean I'm being too materialistic? If materialism doesn't matter, why complain about high housing prices or a reduced standard of living?

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