TIL there is a a house-cel subreddit LOL!
(media.omegacanada.win)
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Housecels - instead of begging for UBI, why don't you move to a more affordable area? Or get a higher-paying job? Or both?
Been living under a rock bud? Even shitholes are seeing property rates skyrocket.
Mass immigration is literally destroying this country.
Maybe they're different people? Maybe the fact that house prices are practically doubling in the biggest recession we have ever seen? Maybe the fact that houses are not affordable any more in most of the country isn't a good thing, when our property markets are playgrounds for rich foreigners to gamble.
Moving to an affordable area or buying a renting property and using rent to finance the mortgage are two good solutions for Millenials with low equity, but everyone has their circumstances and there is absolutely no doubt that if your parents haven't left you a property, you are fighting a huge uphill battle, on top of student debts and immigrants competing at the entry-level market as the other poster pointed out.
I live in an affordable area, invest and save with no debt. Pre-qualified for 260. Any houses listed at that price sell for at least 70k over asking. Anything below usually needs so much work it is un-tenable.
I'd love to afford a duplex to rent while living in half but even semi-detached units are 270k here already. I'm not giving up but unless some variable changes I've been priced out of the market in a little over a year.
UBI will only make the price of houses go up more, but they are unlikely to figure that out.