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.
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.