Comments by "Bob Woods" (@bobwoods1302) on "Why there is no easy fix to Canada's skyrocketing cost of housing" video.

  1. When was their a housing crash in Canada? There was a mini boom in the 80's and then prices levelled off for the next 15 years but the prices didn't go down.
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  2. We are a victim of our own success. Everyone want's to move here from all over the world.
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  3. People today think owning a home is a birth right. They think 5% or 6% is a high interest rate. Back in the day people paid through the nose to own their own place and they threw every extra dollar at the mortgage to pay it off as quickly as possible. They weren't going on tropical vacations every winter or buying all the crap people buy today or giving a cable company $400 a month. They scrimped and sacrificed to get mortgage free.
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  4. I bought in 2017 and I would not be able to afford my place today. It almost doubled in price in a few years.
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  5. Nobody cares what you want to pay in rent every month but if you want the bank to lend you hundreds of thousands of dollars they want to know you will be able to pay them back.
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  6. Should Canadians stop having kids as well to help? @zserbs2326 
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