Canadian housing Prices / Wages

[digits_]

If a 200 hour FO can’t live on close to 50,000 starting … said FO shouldn’t be operating an aircraft.

I'm not asking them. I'm asking you. How would your generation scrimp and save to make 45k work when based in Toronto?

It all adds up.

No new vehicle, no new clothing ,no extravagant date dinners $100,

Get your clothing from value village, buy a $500 car and fix it up, or better yet.. don’t drive at all, don’t eat out, no more coffee, don’t buy that pack of steak or fresh veggies.. go canned… scrimp and save!

Should be able to keep groceries per month well under $500.

Pairings: Pre-prepared meals are what $2-$5 per meal? Go to Tim’s for a special treat now and again.

Accommodations : find something around $200-300.

Days off: go and find a second job if need be if you want to live a high and mighty lifestyle/ high on the hog

You are throwing some numbers around. Please, post a summarized monthly budget.

Also, where or what could one rent for 300 monthly?

[Greasy Greaser]

Ah yes. The old “pull yourself up by your bootstraps” trick.

So let’s say avocado toast and a latte is $20. $20 a day… every day…. from the day you turned 19.. and you now have a 20% downpayment on a house at age 60.

One that the previous owner bought as a high school dropout on a single income.

“No generation had it better….”

Bob, please don't bring logic and facts into here.
It's entertaining seeing how to buy 1 mil plus home (hell, even 500k) by those who say "pull up yer bootstraps".

Sincerely,
everyone under 60.

[rookiepilot]

I’ve paid $300. For the worst scummy rathole basement suite imaginable.

Been there. Down that.

———-

Oh yeah. That was In 1992.

Principle of advice to live cheap is sound.

The rest of it is pure garbage.

Housing zoning laws need to change. Increased density, which you old farts hate and fight at every turn.

That means crashing every old boomers house value by half. Maybe expropriation of your property, kick you out and build a eightplex. Housing is a national crisis

Lets cut off voting at 75, too. Claw back all OAS and CPP if you have a house (or anything else) over 1 million.

You’ve had your share of ripping off our children. You’re done. No more say.

[Squaretail]

Not sure about you guys, but I’m wondering why a real estate agent as their first of only two posts here decided to resurrect a thread from 2019.

[vanislepilot]

Ah yes. The old “pull yourself up by your bootstraps” trick.

So let’s say avocado toast and a latte is $20. $20 a day… every day…. from the day you turned 19.. and you now have a 20% downpayment on a house at age 60.

One that the previous owner bought as a high school dropout on a single income.

“No generation had it better….”

Exactly.

It all adds up.

This does not include the new vehicle, new clothing ,extravagant date diners for $100,

Get your clothing from value village, buy a $500 car and fix it up, or better yet.. don’t drive at all, don’t eat out, no more coffee, don’t buy that pack of steak or fresh veggies.. go canned.

If you want those things … get a few jobs to pay. It’s not that hard.

Yourre right, it's not hard at all. All we do is whine. Sorry I offended you grandpa!

Guys cmon, with everything going on out of control, this guy has a point. We have RNAV approaches!!! Like seriously, life is so easy! With all the that extra brain power I'm not using to calculate the bearing to an NDB, I can probably do a few side hustles in cruise. Maybe sell real estate to his buddies via starlink? We have no excuses!

Thank you for your advice!

[Bug_Stomper_01]

I left the industry 10 years ago and maybe thats the only reason I can afford my own home today. We'll see how it goes when I get back in. But yea, it's not just aviation, wages are stagnant almost everywhere.

Yea you’re right, multiple factors, look at the wages being offered to mechanical and electrical engineers. All that education and the pay sucks in Canada now. This country is in more despair than just in aviation, having said that aviation has sucked here for over ten years now and it’s not getting any better any time soon. I wouldn’t get back in it if I were you…

[Bug_Stomper_01]

Just the other day, a study of sorts was released. According to the data, if one is to live in Vancouver and works at a minimum wage job they need to work a minimum of 100 hours a week to make rent. That's just making rent, not saving, not getting ahead, not home ownership - just RENT.

Nothing ass-backwards about it. Pull y'er self up by the bootstraps, right there Rookie?

I agree with you, this is not the market boomers had.

[Blueontop]

Whine, whine, whine.. a millennial specialty.

No generation has had it better…

Astronomically high wages, unions, pensions, low hiring requirements, ( 200 hour pilots at airlines )

Inflation is a global phenomena that occurs yearly… it happens! It’s a fact of life. Inflation is happening on a global scale right now. It’s not a Canadian phenomena. Our government is in an impossible situation after having to hand hold businesses and it’s citizens through an economic roadbump.

Our generation scrimped and saved… this wouldn’t have happened in our day. Citizens would have been able to support themselves…

Every penny counts…that’s how one gets ahead scrimping and saving.

No more $5 lattes folks!

If you want that $5 latte ? Go and get a second job or two.

Want that million dollar home? Don’t buy it.. rent that $200-300 / month basement suite. Count your Cents ….

Need a new vehicle ? Buy the 1995 Oldsmobile and put a few thousand into it and viola a new car!

Stop calling in sick once a week!

That’s how you get ahead …


When the financial meltdown happens .. and it will thank and millennial and their extravagant lifestyles. ( which many have documented)

The world does not owe you a lavish lifestyle… If you want that lavish lifestyle scrimp and save .

Ok boomer…. The only generation that had it “easier” was yours. Boomer. The single number one reason we’re here and have it so hard is the deregulation that happened across the western world in the 1980s. The time when the first wave of boomers took the reigns of power and started treating the world like their own personal piggy bank. Your generation mortgaged every generations future after that so you all could cash in for short term dividends. The numbers don’t lie in every sector prices have risen and incomes adjusted for inflation have stagnated. It’s not about $5 dollar lattes

Misinformation, disinformation and poppycock.

Funny, you sure want your $5 lattes. Is it actually worth it?

You haven’t answered a single one of my points.

Fact: Regionals are hiring with 200 hours.
Fact: said pilot can be a captain at a regional with 1500 hours.

Fact: Inflation is a global phenomenon occurring everywhere.

Fact: the government dolled out huge amounts of $$ during the pandemic due to people not scrimping and saving for a rainy day.

Should I continue ?

Fact: I don’t drink $5 lattes
Fact: I make over 6 figures
Fact: I own property
Fact: regionals aren’t hiring 200 hours (perhaps advertising not hiring)
Fact:incomes adjusted for inflation HAVE been stagnant since the 1980s
Fact: I watch and read many sources of information that all support this fact (MSM, journalistic media such a frontline, 60 mins, government sources, etc)
Fact: yes you can do all the things you suggest but try bringing a wife and kids along for the ride
Fact: the boomer generation could do all these things but generally didn’t have to

How about instead sticking your head in the sand and acting sanctimonious, you realize that that most millennials are pretty much 40 now and still struggling to make to where the boomers were in their late 20s

I have done quite alright for myself but I do know the system is not the same it was for your privileged generation. Only wish you could see the same as what is obvious to most everyone else

[WellThatAgedWell]

Boomers were the biggest beneficiaries of Covid.

We just need another plandemic, and lockdown so the millennials can get 4 2000k cheques while laid off, and the boomers can have their million dollar homes double in price again.

These leftist policies burned the young , any wonder why you saw a flip where younger people are moving conservative and older moved left. The great discovery of how left policy, the great empathy and equalizer is a hoax. The millennials got destroyed the past couple years.

[Bug_Stomper_01]

Ok boomer…. The only generation that had it “easier” was yours. Boomer. The single number one reason we’re here and have it so hard is the deregulation that happened across the western world in the 1980s. The time when the first wave of boomers took the reigns of power and started treating the world like their own personal piggy bank. Your generation mortgaged every generations future after that so you all could cash in for short term dividends. The numbers don’t lie in every sector prices have risen and incomes adjusted for inflation have stagnated. It’s not about $5 dollar lattes

Misinformation, disinformation and poppycock.

Funny, you sure want your $5 lattes. Is it actually worth it?

You haven’t answered a single one of my points.

Fact: Regionals are hiring with 200 hours.
Fact: said pilot can be a captain at a regional with 1500 hours.

Fact: Inflation is a global phenomenon occurring everywhere.

Fact: the government dolled out huge amounts of $$ during the pandemic due to people not scrimping and saving for a rainy day.

Should I continue ?

Fact: I don’t drink $5 lattes
Fact: I make over 6 figures
Fact: I own property
Fact: regionals aren’t hiring 200 hours (perhaps advertising not hiring)
Fact:incomes adjusted for inflation HAVE been stagnant since the 1980s
Fact: I watch and read many sources of information that all support this fact (MSM, journalistic media such a frontline, 60 mins, government sources, etc)
Fact: yes you can do all the things you suggest but try bringing a wife and kids along for the ride
Fact: the boomer generation could do all these things but generally didn’t have to

How about instead sticking your head in the sand and acting sanctimonious, you realize that that most millennials are pretty much 40 now and still struggling to make to where the boomers were in their late 20s

I have done quite alright for myself but I do know the system is not the same it was for your privileged generation. Only wish you could see the same as what is obvious to most everyone else

Globalization and free trade in the late 80s was the beginning of the end. Boomers absolutely profited from it and in 2008 the maxed debt these fools were selling eachother since the 80s finally hit the wall. The economy never recovered and it’s been a crap shoot for following generations still working ever since.

[rookiepilot]

Boomers were the biggest beneficiaries of Covid.

We just need another plandemic, and lockdown so the millennials can get 4 2000k cheques while laid off, and the boomers can have their million dollar homes double in price again.

These leftist policies burned the young , any wonder why you saw a flip where younger people are moving conservative and older moved left. The great discovery of how left policy, the great empathy and equalizer is a hoax. The millennials got destroyed the past couple years.

Without a doubt boomers are the single most selfish generation in history. That label is true.

They only care about preserving the value of their homes, stock portfolios, the very worst sorts of NIMBY’s, that 10% annual house price increases are their entitlement right. Tough beans for anyone else. And politicians pander to them and ignore the young. With perpetual low interest rates and no long cycle investment, Boomers have got us into one heck of a mess.

Do I have it right? Parasites on society. Leeches that have drained the wealth.

Do i have it right?

And I am a pull yourself up kinda guy, writing this.

Time for payback. Tax the snot out of the retired rich boomers. Annual wealth taxes.

Give the money for new housing.

[Bug_Stomper_01]

Boomers were the biggest beneficiaries of Covid.

We just need another plandemic, and lockdown so the millennials can get 4 2000k cheques while laid off, and the boomers can have their million dollar homes double in price again.

These leftist policies burned the young , any wonder why you saw a flip where younger people are moving conservative and older moved left. The great discovery of how left policy, the great empathy and equalizer is a hoax. The millennials got destroyed the past couple years.

I know for a fact that boomers I personally know that propped up the big blue machine for 40 years are now staunch liberals to serve their diaper changes and anything else they all scoffed at when they were younger. Most hypocritical useless generation since the dawn of time.

[‘Bob’]

You gotta look out for number one in this world.

Reminds me of Winston Churchill. A guy who started as Conservative… then joined the Liberals for most of his early career… then swung back hard to the Conservatives fighting very hard against socialism in the virtually bankrupt nation that was of his own doing (continuing to fight WWII by draining the treasury and getting into hawk with the Americans… the Atlantic Charter which inadvertently stoked nationalism in the colonies).

Then, practically bankrupt after losing almost everything in the 1929 Crash.. he lived in perhaps the most extravagant form of public housing ever as the National Trust took over Chartwell and allowed him to live there for free until his death while his countrymen were being subject to the devaluation of the pound under Bretton-Woods.. fuel and food rationing that continued into the 1950s.. inadequate and dilapidated Victorian row housing, and job losses, wage freezes, and spiralling inflation.

[mmm..bacon]

And nothing more from 'Ghostrider6'....I think y'all got expertly trolled...

[WellThatAgedWell]

And nothing more from 'Ghostrider6'....I think y'all got expertly trolled...

Definitely not a troll, ghostrider is completely consistent with that demographic of boomers that turned liberal with the pandemic. Pure covidian…. “Lockdowns equal safety!” this is the real deal here!

“ if you think you’re not at risk here! You’re living in a dome! Lock it down and isolate and STAY THE @#$! AT HOME!!!”

https://m.youtube.com/watch?v=e0-2XxgHIXk

Waaaa my job.. how will I survive ... waaa! A career/ job isn’t not necessary. ( I don’t know which idiot in this thread said that it was)

Morons! Lockdown = safety ..

The idea that we need to reopen is nuts ... especially with the variants.

With this being said, why are American carriers flying into Canada ? The PCR rule is far too relaxed .. people with money will travel.

The government has done a good job.. they’re in a crisis... mistakes will be made. Keep up the good work Honorable Prime Minister.

[DanWEC]

Ha, everyone here is in agreement regarding inflation and the housing crisis. Y'all arguing 3 pages because of a joke post.

[GhostRider6]

And nothing more from 'Ghostrider6'....I think y'all got expertly trolled...

Definitely not a troll, ghostrider is completely consistent with that demographic of boomers that turned liberal with the pandemic. Pure covidian…. “Lockdowns equal safety!” this is the real deal here!

“ if you think you’re not at risk here! You’re living in a dome! Lock it down and isolate and STAY THE @#$! AT HOME!!!”

https://m.youtube.com/watch?v=e0-2XxgHIXk

Waaaa my job.. how will I survive ... waaa! A career/ job isn’t not necessary. ( I don’t know which idiot in this thread said that it was)

Morons! Lockdown = safety ..

The idea that we need to reopen is nuts ... especially with the variants.

With this being said, why are American carriers flying into Canada ? The PCR rule is far too relaxed .. people with money will travel.

The government has done a good job.. they’re in a crisis... mistakes will be made. Keep up the good work Honorable Prime Minister.

You folks seem to thrive in the world of emotional arguments …

Lockdowns have saved lives ..governments and the WHO etc have collectively weathered a massive storm. It’s science.

I can also say a certain generation .. ( the one now complaining about living costs) also tireless advocated against saving lives and protecting others.

And yes, I voted liberal .. you’re right on that. Wouldn’t have it any other way. Better than anti- science conservatives who don’t care about saving lives, keeping people safe and looking after their neighbors.

We have a young generation who wants to vote for a party spewing misinformation, disinformation, falsehoods and anti-science rhetoric that’s dangerous to others.

[‘Bob’]

But… still “old economy Steve” except this time… they’re millionaires.

[8895]

And nothing more from 'Ghostrider6'....I think y'all got expertly trolled...

Definitely not a troll, ghostrider is completely consistent with that demographic of boomers that turned liberal with the pandemic. Pure covidian…. “Lockdowns equal safety!” this is the real deal here!

“ if you think you’re not at risk here! You’re living in a dome! Lock it down and isolate and STAY THE @#$! AT HOME!!!”

https://m.youtube.com/watch?v=e0-2XxgHIXk

Waaaa my job.. how will I survive ... waaa! A career/ job isn’t not necessary. ( I don’t know which idiot in this thread said that it was)

Morons! Lockdown = safety ..

The idea that we need to reopen is nuts ... especially with the variants.

With this being said, why are American carriers flying into Canada ? The PCR rule is far too relaxed .. people with money will travel.

The government has done a good job.. they’re in a crisis... mistakes will be made. Keep up the good work Honorable Prime Minister.

You folks seem to thrive in the world of emotional arguments …

Lockdowns have saved lives ..governments and the WHO etc have collectively weathered a massive storm. It’s science.

I can also say a certain generation .. ( the one now complaining about living costs) also tireless advocated against saving lives and protecting others.

And yes, I voted liberal .. you’re right on that. Wouldn’t have it any other way. Better than anti- science conservatives who don’t care about saving lives, keeping people safe and looking after their neighbors.

We have a young generation who wants to vote for a party spewing misinformation, disinformation, falsehoods and anti-science rhetoric that’s dangerous to others.

Are you actually this brain dead?… If people like you are still eligible to vote it’s no wonder this country is in the gutter lol

[GhostRider6]

Definitely not a troll, ghostrider is completely consistent with that demographic of boomers that turned liberal with the pandemic. Pure covidian…. “Lockdowns equal safety!” this is the real deal here!

You folks seem to thrive in the world of emotional arguments …

Lockdowns have saved lives ..governments and the WHO etc have collectively weathered a massive storm. It’s science.

I can also say a certain generation .. ( the one now complaining about living costs) also tireless advocated against saving lives and protecting others.

And yes, I voted liberal .. you’re right on that. Wouldn’t have it any other way. Better than anti- science conservatives who don’t care about saving lives, keeping people safe and looking after their neighbors.

We have a young generation who wants to vote for a party spewing misinformation, disinformation, falsehoods and anti-science rhetoric that’s dangerous to others.

Are you actually this brain dead?… If people like you are still eligible to vote it’s no wonder this country is in the gutter lol

How is the country in the toilet for pray tell?

If the country is in the toilet it’s due to the younger generation being selfish and not saving lives.

We’d be through this pandemic if people got their shots and / got boosted… but here we are.. how many have been boosted? How many unvaccinated? … also, if people scrimped and saved for a rainy day ( the pandemic) money wouldn’t have needed to be dolled out the way it was..

We’re lucky the government had our backs …

[Bug_Stomper_01]

You folks seem to thrive in the world of emotional arguments …

Lockdowns have saved lives ..governments and the WHO etc have collectively weathered a massive storm. It’s science.

I can also say a certain generation .. ( the one now complaining about living costs) also tireless advocated against saving lives and protecting others.

And yes, I voted liberal .. you’re right on that. Wouldn’t have it any other way. Better than anti- science conservatives who don’t care about saving lives, keeping people safe and looking after their neighbors.

We have a young generation who wants to vote for a party spewing misinformation, disinformation, falsehoods and anti-science rhetoric that’s dangerous to others.

Are you actually this brain dead?… If people like you are still eligible to vote it’s no wonder this country is in the gutter lol

How is the country in the toilet for pray tell?

If the country is in the toilet it’s due to the younger generation being selfish and not saving lives.

We’d be through this pandemic if people got their shots and / got boosted… but here we are.. how many have been boosted? How many unvaccinated? … also, if people scrimped and saved for a rainy day ( the pandemic) money wouldn’t have needed to be dolled out the way it was..

We’re lucky the government had our backs …

We’d be in a lot better shape if Trudeau closed the borders as he was advised months earlier. Look at New Zealand, but noooooo that’s being a bigot and not inclusive.

[digits_]

If the country is in the toilet it’s due to the younger generation being selfish and not saving lives.

Which generation is in charge of government, health care policies etc?

[GhostRider6]

Are you actually this brain dead?… If people like you are still eligible to vote it’s no wonder this country is in the gutter lol

How is the country in the toilet for pray tell?

If the country is in the toilet it’s due to the younger generation being selfish and not saving lives.

We’d be through this pandemic if people got their shots and / got boosted… but here we are.. how many have been boosted? How many unvaccinated? … also, if people scrimped and saved for a rainy day ( the pandemic) money wouldn’t have needed to be dolled out the way it was..

We’re lucky the government had our backs …

We’d be in a lot better shape if Trudeau closed the borders as he was advised months earlier. Look at New Zealand, but noooooo that’s being a bigot and not inclusive.

Several things:

1) There was no evidence of the pandemic being serious at the time /we had zero clue what we were dealing with .

2) Our country was founded on the principles inclusiveness. Racism / segregation won’t stop a virus.

3) I can see why he opted to wait as opposed to being reactive and causing economic carnage ..

4) China is a massive world power.

[GhostRider6]

If the country is in the toilet it’s due to the younger generation being selfish and not saving lives.

Which generation is in charge of government, health care policies etc?

No generation.

I’m saying younger people were far more likely to be vaccine hesitant/ object to government health policies that were designed to save lives. - these people are responsible for the pandemic dragging out like it did.

Hell, Ottawa was shut down for a month…. Due to this unacceptable group costing more businesses revenue .

[digits_]

I’m saying younger people were far more likely to be vaccine hesitant/ object to government health policies that were designed to save lives. - these people are responsible for the pandemic dragging out like it did.

Do you have a source?

My anecdotal evidence points towards middle aged people refusing to vaccinate, which would have more effect than the same amount of younger people refusing to vaccinate.