this post was submitted on 22 Jun 2023
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It's mania. Boomers cashing out, and people with way too much debt flying around, just willing to spend whatever it takes. In my hometown, I think the average wage in the area is somewhere around $20 an hour, and the average price of a house is about $800k. Because the boomers fled Toronto, and infected our area, and now the actual residents are priced out. So now all our parents are selling the houses we grew up in for a cool Mil, which on average is about nine or ten times what they paid for it, and padding their overloaded RRSPs and Pensions with anotner mil. Four+ generations of my family lived there, there's townships named for us for christ sakes, and I cant afford to live there. Fuck em though, whatever. Place can rot, the praries and the Rockies have my heart now.