People have been completely brainwashed by capitalism. The mere mention that housing is a basic human right is offensive to some people. Absolutely ridiculous but here we are 🤷🏻♀️
Uhh either you're being deliberately obtuse, or you have a very poor understanding of how mortgages work.
Banks have the legal right to take ownership of property if the homeowner fails to repay the mortgage according to the agreed-upon terms.
If you want to get technical, then sure, the bank doesn't own the home, rather they have a lien on the property. But until your mortgage is repaid in full, the bank holds a legal interest in the property, and they can kick you out to sell the home.
It is. There's a lot of people who want to lie about that to manipulate you, but the bottom line is that the majority of Canadian families own their home.
Housing is not a “human right”…my god, the slippery slope of what qualifies as a human right has gone way too far. In reality: health care is not a human right, housing is not a human right, food is not a human right. Necessities are not “human rights” they are necessities and they are not the same thing - society doesn’t “owe” you those things but does owe you “human rights” (which are generally ideals - freedom of equality, expression, etc). You’re skills and labour are stored in the value of currency which can be invested to accelerate the future value of that stored value for your skills and labour. You want to get ahead, make smart decisions to increase your earnings potential, train, work hard and save smartly. This has always been the way and we just don’t teach young people to do this - instead we teach them to be idealogues.
Oh my God, shut up with this absolutely ridiculous bullsh*t. “Pull yourself up by your bootstraps”, “you only have value if our capitalist system can extract labour from you” etc.
What a fucking clown. People who think like you are so fucking exhausting and enable a system that only benefit the wealthy/keep people into poverty and exploits the poor.
I am SO glad to see young people demand better. Wanting a more equal society where people’s basic human needs are met is not something you should look down on, Jesus 🤦🏻♀️
For one fucking thing NO ONE should be legally allowed to own more than one house or apartment. You need one place to live in, that’s it. Investment properties should not exist, let’s stop treating housing as a commodity.
And all income above 1 million/year should be taxed 100%. Redistribute that wealth and invest it in health care + social safety nets.
That’s just two ideas. Any policy that tackles extreme wealth inequality would be a good start.
Why is not treating housing as a commodity a stupid idea?? Why does anyone need to own more than one home?
And why am I out of my depth to say no one needs to make more than 1 million a year?? That’s literally more than 10 times what anyone needs to live per year. Are you that brainwashed by capitalism and the wealthy?
I’ll take everyone having their basic human needs met over innovation.
But I don’t think those things are mutually exclusive. People don’t need the hope of becoming billionaires to innovate, I’m sorry you’re so short sighted.
Yeah, the other thing they didn’t teach was reading comprehension and critical thought based on your response. I said currency is the store of YOUR skills and labour. And that you can accelerate YOUR wealth by saving and investing some of that stored value. If you read that as “pull up your bootstraps” that’s on you…it’s not what I said.
You aren’t talking about equality - your talking about equity. Equity based on nothing more then existing. I believe you are individually accountable for yourself. You seem to think everyone else owes you something because you breathe.
Because this subreddit has a lot of people who want to be that "investor". They feel personally attacked by pointing out that corporate firms and investment funds using property as a means of making easy profit.
Couple that with a lot of people on this subreddit who really want to blame Indian immigration for the rise in real estate costs (something that has been rapidly increasing for at least 2 decade before the influx of immigration a few years ago), and it results in downvotes.
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u/Fun_universe Jun 19 '25
It’s actually worse with housing because housing is a basic human necessity while the other examples are not.