Banks are avoiding mortgage defaults by creating a bigger bubble in the housing sector

You have to keep in mind that most people that post here are already home owners (many having been born to parents who are also home owners) and that explains a lot of the pushback you are getting from the comments. They already have theirs and they REALLY don't care you don't have yours, in fact it probably makes them feel good about themselves. You aren't going to get much support here when it comes to housing because people here are collectively saying "Fuck you, got mines" and then claiming themselves as also better people than you, "fucking loser mentality" has been thrown around. The reality is - housing is COMPLETELY, 100% unaffordable for anyone that doesn't have wealthy parents or nice high paying employement. but most of the people who post here have been privileged enough to have a home and don't see any issues.

/r/PersonalFinanceCanada Thread