• 9 Posts
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Joined 1 year ago
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Cake day: June 12th, 2023

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  • Yes this is true everywhere in Canada. Property owners have very few obligations beyond mowing the lawn and paying property taxes which have shrunk by 70% since the late 90s relative to the sale price of a home. It’s dirt cheap to own a property once you’ve acquired it.

    Winnipegs mill rate is 12.9 today. In 2002 it was 29! Before that it was even higher.



  • I left Toronto because I couldn’t afford to buy a somewhat cheap condo or a reasonable house. My household income was $160k at the time. It’s a nice city with great services, great people, but the housing is unbelievable - it forced me and my family out with our two kids.

    I have also visited Copenhagen and it’s the same there - extremely high housing costs means that you’re poor by default unless you bought in 20-30 years ago. Great, I can buy a beer for 5 kroner, but housing is an apartment for $300k

    Calgary, Sydney, Auckland, Vancouver… yes, all of these also apply.