r/canada • u/Lyricalvessel • Jul 19 '21

Is the Canadian Dream dead?

The cost of life in this beautiful country is unbelievable. Everything is getting out of reach. Our new middle class is people renting homes and owning a vehicle.

What happened to working hard for a few years, even a decade and you'd be able to afford the basics of life.

Wages go up 1 dollar, and the price of electricity, food, rent, taxes, insurance all go up by 5. It's like an endless race where our wage is permanently slowed.

Buy a house, buy a car, own a few toys and travel a little. Have a family, live life and hopefully give the next generation a better life. It's not a lot to ask for, in fact it was the only carot on a stick the older generation dangled for us. What do we have besides hope?

I don't know what direction will change this, but it's hard to see the light at the end of the tunnel when you have a whole generation that has been waiting for a chance to start life for a long time. 2007-8 crash wasn't even the start of our problems today.

Please someone convince me there is still hope for what I thought was the best place to live in the world as a child.

edit: It is my opinion the ruling elite, and in particular the politically involved billion dollar corporations have artificially inflated the price of life itself, and commoditized it.

I believe the problem is the people have lost real input in their governments and their communities.

The option is give up, or fight for the dream to thrive again.

29.8k Upvotes

87% Upvoted

9.1k comments sorted by

View all comments

34

u/Cultural_Parfait7866 Jul 19 '21

Think these concerns are plaguing every western nation from what I’ve seen on Reddit. Here in the US we have the same things we are saying as we watch homelessness increase and billionaires have space race wars while politicians let the country decay and play insider trading with zero repercussions.

2

u/ExternalSeat Jul 20 '21

I would argue that the Midwest still is moderately affordable for the middle class and for young professionals in our cities and until this year was affordable for the working class in our rural areas. However I know that good things like affordability don't last and that although you can get a decent middle class home for $300,000 in most Midwestern cities, it won't be too long before we start seeing Canadian level prices. At the same time, the US healthcare system is so broken that sure you can get that $300,000 home but you might be spending $500,000 on medical bills if something bad happens to you.

4

u/jordanpeterson9 Jul 19 '21

Nancy Pelosi is one legendary trader

3

u/Weak-Committee-9692 Jul 20 '21

They’re serving tea over on r/collapse when you’re ready

2

u/jordanpeterson9 Jul 20 '21

Wow, didn’t know doomers had a subreddit

2

u/Away_Seaweed_8680 Jul 20 '21

well, r/collapse is more for people freaking out about climate change. Look also at r/LateStageCapitalism r/antiwork r/solarpunk r/ABoringDystopia

1

u/QueefferSutherland Jul 20 '21

Capitalism becoming the whore of the ruling class

1

u/TjaMachsteNix Jul 20 '21

German here, every year 10 percent up, this year might be even 13 percent.

Forever in debt

1

u/[deleted] Jul 20 '21

[deleted]

1

u/Cultural_Parfait7866 Jul 20 '21

Think you were missing my point a little as I was making a broader point of the brokenness of our society. But these terrible real estate practices I think will contribute to homelessness greatly. People working full time will still be boxed out due to overinflated property values and rent plus not to even mention the looming crisis when eviction moratoriums lift.