In Canada, specifically Toronto, an average single family house in 2014 used to cost 400K. Now it’s 1.2M. Wages haven’t gone up, quality of healthcare and other services such as public transport have gone down. Meanwhile, taxes have gone up.
I always laugh at how politicians and media ignite the culture war as if it’s not all part of the design. Keep everyone distracted over things that don’t ultimately matter while a very small segment of the society essentially plunders and loots the wealth and already asset owning and well connected part of society keeps owning bigger and bigger share of the pie. Under the surface, the entire last decade since GFC has been a class war waged by the elites. Upward mobility is dead and with it the whole “American dream” or “Canadian Dream” or “immigrant dream”. Welcome to the age of generational wealth and wealth transfer much like Europe a century ago.
I always laugh at how politicians and media ignite the culture war as if it’s not all part of the design. Keep everyone distracted over things that don’t ultimately matter while a very small segment of the society essentially plunders and loots the wealth and already asset owning and well connected part of society keeps owning bigger and bigger share of the pie. Under the surface, the entire last decade since GFC has been a class war waged by the elites. Upward mobility is dead and with it the whole “American dream” or “Canadian Dream” or “immigrant dream”. Welcome to the age of generational wealth and wealth transfer much like Europe a century ago.