this post was submitted on 20 Nov 2023
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My wife and I had to beg, borrow, and move 2 hours outside Toronto to afford our first home. Yes we own our home and yes we are better off compared to 5 years prior, but we are FAR from being wealthy. Even if we look at the average home owners who don't have a mortgage, most of those people again are better off but not wealthy. I feel like this article is trying to shift the blame away from the top 0.1% and put it on the slightly better off but still struggling population.
Yup. This article is trying to turn the conversation in to another battle against eachother rather than the ones who are actually fucking us all.
I'll just leave this here to further my point.
https://www.readthemaple.com/canadas-top-0-01-of-earners-saw-income-growth-of-30-in-2021/
What does an article about the top 0.1% have to do with home ownership? Are you for real?
EDIT: I misunderstood this post. I thought it was somebody calling out the homeowner as rich ( I had just come off another comment and was reeling ). I realized after I posted that the poster was responding to himself.
There's no actual dividing line anywhere on the wealth or income curve. I know splitting into tribes is our species' thing, but this isn't that kind of problem. People above the very porous median point need to come down (to some degree, somehow), and people below need to come up, simple as.
How do you get a home with a mortgage?