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by Afton 1535 days ago
Having grown up poor, I was going to challenge the statement that 'most Canadians own property', but it looks like it's ~70%.

I mean, I think hanging 30% of your population out to dry is a bad idea, but I can't argue that this isn't a tyranny of the majority situation (or maybe tyranny of those in power, of which I expect closer to 100% are property owners).

1 comments

This is an ad nauseam repeated false statistic. That number counts household members - meaning ~70% of population owns property when you account children in those households (and grandparents). And those children are definitely going to need homes of their own... Or I guess you'll have situation akin to one in my home country where >60% of 25-34 y.o. young adults live with their parents, with all the economic and psychological stunted development that entails.