Skip to main content

a sign of the times

I bought my first house in 1996 for $120,000 Canadian Dollars. This was before the big real estate booms that came much later and even now the average price of a home in Montreal does not exceed $400,000 which helps it remain a largely livable city.

Contrast this with Vancouver or Toronto where the price is real estate is sky rocketing at an alarming rate. Vancouver has had to slap on a 15% foreign buyer tax to try and cool a market where bidding wars are not unheard of and where houses and condos remain empty waiting for their foreign owners to move in. Meanwhile local potential buyers are left out in the cold as prices soar.

A young professional couple in this scenario is in trouble and they needn’t be in a hurry to purchase since owning property is increasingly becoming a pipe dream. Part of the problem is that widening global income disparity is giving that upper crust the flexibility to outbid in any market.

Central Toronto contains tiny bungalows that are now going for close to $1 Million dollars in a city where gridlock has become the norm and commutes to work can take well over an hour. As the search for cheaper homes drives urban sprawl, the likelihood of a reasonable regular commute becomes untenable and impractical.

American cities like New York and Los Angeles have long suffered this problem and there are others all over the world where the cost of living there has become astronomically high.

All of this has caused a shift in urban planning and forcing transport authorities to develop options to meet the demands of their shifting reality. In turn young graduates are opting to abandon the nuclear family concept in favor of more flexible working hours to offset commute issues as well as adopting more entrepreneurial ways to develop careers in a world where company loyalty towards the employee is no longer guaranteed.

Just another sign of the times.


Comments

  1. Your analysis is accurate. New York has experienced this and my recent visits to Vancouver and Toronto confirmed similar appreciation there. What props real estate values up beyond the norm in these three cities is the presence of rich foreign buyers. Their willingness and ability to pay higher prices drives the market up to the point where many locals can no longer afford to stay in their own city. It's a shame.

    ReplyDelete
  2. unfortunately there is no easy fix other than protectionist taxation to cool the market. it seems to be starting to work in Vancouver where whole sections of buildings would sit empty while the locals count not find affordable options.

    ReplyDelete
  3. Tack on the issue of outrageous medical costs for Americans, and the sense of despair increases exponentially. Tack on education debt on top, and my home country has essentially joined the third world.

    I know hard working professionals with doctoral degrees who, despite all their accomplishments and having finally landed a job that suits their taining and ability, live small paycheck to small paycheck, knowing that they are one illness away from plunging into the yawning chasm of poverty on whose edge they are precariously perched. They are the most resourceful people in the world, finding new ways to survive and feed their families, including renting homes (often now owned by banks who foreclosed on previous owners) with other families to keep costs down.

    We have rewarded those who make money for the sake of making money, producing nothing, and impoverished our intellectuals, doctors, lawyers, scientists, teachers, etc.

    ReplyDelete

Post a Comment

Popular posts from this blog

my last post

This will be my last blog post.

When I wrote recently that this blog had another seven years of life in it I was trying to convince myself that it was true. It was in fact a little bit of self delusion.

With almost 3,000 posts to date I have accomplished what I set out to do which was to heal myself and in the process share some of the struggle I had been through with others on the chance they might find some value in my words. After seven years of writing, my life still isn't perfect; no one's is. But I have discovered a path forward completely free of the trappings which society would have had me adopt so I could fit in.

Over the last 25 years of my life I have turned over every stone I could find while exploring this topic and in the process realized that we haven't even begun to scratch the surface of this deeply complex subject. What I have ultimately learned is that my instincts have more value than what someone who isn't gender dysphoric writes about me. We are …

epilogue

While this blog is most definitely over, I wanted to explain that part of the reason is that it was getting in the way of writing my next book called "Notes, Essays and Short Stories from the North" which will combine philosophy, trans issues, my observations on life, some short fiction and things that have happened to me over my life and continue to (both trans related and not).

When it is complete I will post the news here and will be happy to send you a free copy upon request in either PDF or eBook format. All I ask is that you provide me with some feedback once you're done reading it.

I'm only in the early stages so it will be a while.

Be well all of you....

sample pages...
















love of self

If you feel you are doing something wrong it shows. Your demeanor, body language and facial expression all conspire to betray you.

You are a clandestine "man in a dress"; you know it and everyone else can too. Your cover has been blown. I've been there and it's frustrating. The source goes back to your self image and the notion that you are somehow a freak of nature; and perhaps you are but what of it? the only way out is to embrace yourself fully and unconditionally. I don't mean to suggest that you are perfect but just that you were created this way and you need not seek forgiveness for it. You are a creation of God.

Misinterpreted religion is a big culprit in all this. These negative images of yourself came from reinforcement of stereotypes by ignorant people interpreting what is right and moral by their own barometer. You simply ingested the message and bought it as the gospel truth. Self confidence and critical thinking is the way out of your dilemma. It can…