While you’re right that the first time home buyer incentive does make it easier to afford a house than a lot of people realize (I bought my first house in January 2020 with a $10k down payment, and was easily able to stay on top of mortgage payments with a $40k/year salary), this is a comic, and the real issues of high housing prices and property scarcity due to private corporation buyouts are being exaggerated for comedic effect.
Absolute garbage take.
https://www.bankrate.com/mortgages/down-payment-for-first-time-homebuyers/
Home prices are an issue. But numbers have meaning. Out of all the corporate exploitation this garbage is greatly exaggerated.
While you’re right that the first time home buyer incentive does make it easier to afford a house than a lot of people realize (I bought my first house in January 2020 with a $10k down payment, and was easily able to stay on top of mortgage payments with a $40k/year salary), this is a comic, and the real issues of high housing prices and property scarcity due to private corporation buyouts are being exaggerated for comedic effect.
Well anal, your link doesn’t disprove anything and private-equity owning residential properties is a fucking cancer on society
👌👍
Your link only talks about the down payment on a house, not who owns what.
In 2020, for 5 provinces in Canada, more than 1/5 of the housing was owned by investors. So people definitely have to compete against investors.