Whole Canadian economy is fake

a shitty 2 bedroom apartment costs $500,000+ in Toronto meanwhile my 5 bedroom house costs only $800,000 outside Toronto. Also when you buy the apartment you still have to pay maintenance fees and property taxes forever. This country is a scam.

Imagine competing with the entire planet earth who was using your nation as a wiemar economic zone because you freemasonic nigger kike boomer leaders sold you out for more shekels.
They basically sold you and your nation.

>>509472370 (OP)
>Lame steam media
I thought you guys were free thinkers?

>>509472370 (OP)
It's worse than you can even know but it's actually a whitepill, the state of this country cannot last, it will implode and it will implode hard as fuck.

>>509472370 (OP)
for every brick you lay you can chalk up credit for 20 new bricks
fractional brick wall reserve

Canada is the Africa of the American continent.
Bountiful resources but African politics

>>509473655
There's no basic about it. Our leaders are criminals,
and traitors.

>>509472855
Why y'all didn't make a cad sign ? Is Aussieland doing as thing too ?

>>509474007
Eh the entire Canadian dollar is backed by something called the CPI right? Which also means the entire Canadian economy is fake?

>>509472855
The bubble will burst sooner or later

>>509472370 (OP)
If houses are like money, cant you get rich by just building houses?

>>509474527
no it is a scam
housing is an expense
boomers are just retarded literally low IQ golems

>>509472370 (OP)
that's the entire rampant development industry we've been seeing since covid

>>509474263
That's crazy Canada money is back by the money people will choose to spend? Sounds wild to think your stability is reliant on others supporting you. Why not from within ? Canadians don't innovate and exist tax free ?

>>509474623
FOR LEASE signs will be everywhere soon

>>509474623
many such countries

>>509473948
Can't blame the leaders if the majority of the population agrees with them

>>509473948
so why haven't you boogalooed yet?

>>509474527
Houses are better than money. While prince charles was stealing everything he could from Canadian money continues to go down in value, which drives up house prices. Condos never go up in value, that only applies to houses. multi unit buildings are worthless until they are completed.

>>509474825
>You can't criticize the government if every retard voted for them
>>509474859
That's the first good question I was asked all day
I'll get back to you on that

>>509472855
>only $800,000

>>509474825
It doesn't matter whom votes for what. It only matters whom counts the votes. Joseph Stalin.

>>509474859
Generations of indoctrination into submission.

>>509472370 (OP)
>Developers stay afloat by borrowing against unsold condos
Chinese ghost cities-tier
A product with no customer capable of buying it is worthless. Is this some sort of scam to get the government to bail out these loans with tax payer money?

>>509475175
their great grandfathers are why we have the geneva checklist. how can they fall so far so quickly?

>>509475465
Those will not be ghost cities. Developers are just taking risk in hope of prices going higher. Its good thing that American banks are not operating commercially in Canada, but on investor level they probably do have fingers in property honey bubble.

>>509475465
this is uncomparable because the chinese actually finish building the houses and then they resettle hundreds of thousands of people and the properties are cheap and not overpriced by multiple mortgages. In the west it's just paper value backed by nothing

>>509474682
We don't do or produce anything. We just pillage the land while acting smug.

>>509475119
>Australia
It's worse.
Did you know that in the 60s the Australian government had a system where an Australian could buy a house with a $5 deposit? That wasn't a typo, $5 down ($100 in todays money). They weren't jewed with high interest rates either, the loan was with the government.

>>509476087

>>509472855
>only $800,000