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Pac Man
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Comments by "Pac Man" (@pacman3556) on "Report says $40/hour wage needed to live comfortably in Toronto" video.
you can't just walk onto a job site and start working. Most of those construction jobs are skilled labour and once you have your trade most of the trades are unionized that you have to go through years of apprenticeships that barely pay minimum wage. Takes years before you get to $40 plus an hour.
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lots of people do. They are barely scrapping by and living 10 people in individual rooms and a shared kitchen packed into a basement.
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landlords are not crooks and tenants are not all horrible people that don't pay. Landlords follow simple supply and demand like any other product or service. It is basic economics. If you don't like it don't blame the landlord blame other factors that go into the high cost....inflation, lack of supply, overdemand etc.
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@shauncameron8390 yes those are other factors. Govt should remove a lot of the red tape builders face so builders can provide more supply faster Govt's also rent out the condos for low income families. A condo owner can rent their condo to a low income family and have the govt pay them directly for the rent. This puts more pressure on the supply of condos for those that can and want to buy them. If govt built more affordable housing for low income families and removed them from high end condos then this would create more supply for those that can and want to buy a condo. But I don't hold my breath on anything govt related. They are all incompetent fools no matter what level they are at or what party they represent. They end up as politicians for a reason....they can't make it in the real world.
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@flexxgym350 there is no way rent to income ratio was the same if you by yourself could save $2000 a month. My assumption is when you say "we" you mean you and a partner which is a dual income not a single earner like most people now a days. You also have to drive a hell of a lot further then 2.5 hours away from Toronto to find anything under $500K. Not many people can commute 2.5 hours away Also yes I did plan and save as a teenager that is why I am similar to you. I just am more realistic and not as self entitled as you. I realize that not everyone has the same opportunities as me. Not everyone can save as a teenager and many people are new to the city that don't have the chance to save as a teenager. Just because you lived a pretty life doesn't mean that is reality. You are just detached and self absorbed and think everyone should lead the same self entitled life you were given.
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that is not true. Toronto office vacancy rate is 15.8% which is the highest it has been since 2020. But there are various reasons why it is so high. Still recovering from Covid. Not everyone back to work, new offices were built in Toronto over the last few years creating more supply etc etc etc. People are now starting to go back to an office more times a week so those offices will start to fill back up. Also the new offices will start to be leased and also start to fill up.
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you can get single bedroom units for $1800-$2000 (sometimes if you are really lucky or don't care about "standards" you can get for less). The assumption is probably a single earner so one bedroom or studio. If you want 2 bedroom then they are probably assuming some type of dual income (room mates, couple etc).
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hard to plan ahead and save when 95% of your income goes to just basic food and shelter. Kind of hard to live in a small town when your job is in downtown Toronto. You have to move 5 hours away from Toronto to find some small town that has a "lower cost of living" then Toronto. And even 5 hours away you start crossing into other larger cities like Ottawa or you are in cottage country where lake front property sells for the same price as a condo downtown toronto
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@flexxgym350 you seem very detached from reality and self entitled. Not everyone can just pick up and move outside the city. There are not that many job opportunities for everyone to move outside the city. And if they did then it just recreates the same situation outside the city that is now inside it. Decades ago it wasn't very expensive to live in Edmonton and nobody even heard of a place called Fort MacMurray. But once oil production started and everyone moved there it put the same types of supply and demand pressures on the city that Toronto (and surrounding areas) have today. It is not all about people's attitudes it is about basic economics and supply and demand. You are just too self entitled to see it and think everyone should have lived the same life of luxury that was handed to you with a silver spoon in your mouth. Trades work is no different from any other work. You can't just walk onto a job site and expect to pick up some tools and start working. They require years of training in schools then more years of apprenticeships to get to a higher level of earnings. You start off in the trades as a first year journey man and you are not making much more than minimum wage. And the years of going to school to get to journeyman or apprentice are not paid at all. You are way out of touch with reality.
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@flexxgym350 it seems that every thing was given to you if you think that everyone is like you. You are detached from reality and self entitled What does it matter how many hours I work? Your question is completely irrelevant. However to answer your question when going through school as a kid I worked a minimum of 40 hours plus went to school 40 hours. You are not the only one that worked hard. YOur thought that you are the only hard worker just reinforces that you are self entitled Lots of people work two jobs, go to school etc. You are too self entitled to see that times have changed. Every thing you claim you did I also did. I worked hard also the difference between you and me is I am not self entitled and realize times have changed. You on the other hand have your head up your a$$ Also if you have been working 2 full time jobs plus a part time job then you just reinforce the Title and Point of the video. If you think needing to work 2 full time jobs and a part time job (100 hours a week) while your wife does the same (another 100 hours or 200 hours total) just to get by makes you comfortable you just reinforce what a dystopian nightmare things are becoming. My parents at your age my mother stayed home while my dad worked one full time job for a total of 40 hours to have the exact same things you have that you and a partner need to do working 200 hours. AND my parents did it living inside Toronto. You need to work 5 times the hours the generation before you had to work to get the same things AND you had to move outside Toronto to do it. You reinforce exactly what this video is stating and contradicting yourself. Also this video is about single income earners. By bringing your wife into the equation and including her income you just further reinforce that minimum wage for a single income earner is not possible to live comfortable. Not everyone has a wife or partner they can rely on. The fact you have a wife and think everyone else should also just reinforces what a self entitled pri$ck you are. You also don't know the trades work. Not once did I ever say "not work" What I clearly said is trades is like all other jobs. You don't just walk in off the streets and just start working at $50 dollars an hour. It takes years to get to that level and you can't survive on minimum wage for years in order to get to that level. Again you clearly have your self entitled head up your a$$ And my mindset is great. As I stated I have much the same as what you have however unlike you I am not a self entitled di$ck and realize that things have changed and that not everyone has the same opportunities as I had. There are millions of people that work hard every day but don't have the same opportunities. The simple fact that you are bragging about how much money you make per month just reinforces what a self entitled out of touch di$ck you are.
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not true. My girlfriend just rented her condo in a very nice neighborhood for $2300. And that was in a nice neighborhood. If you are going to the not so nice part of town prices drop.
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@sherdonforbes3480 its a condo she owns. She rented it out to people for $2300 but doesn't include parking (extra $250 per month) but it does include hydro and utilities (it could have been another $100 per month) and I believe she gave the renters a better price because they had good credit, good references etc so she was willing to take a few bucks less per month to have extremely realiable people for a long term then unreliable people for only a few months so some places could be $2800. But I have also heard some people getting units for less but as you mention it may not be as good of a neighborhood or may be further out in the suburbs or further away from the downtown core (you can get basement apartments or older apartments far out in Scarborough or Etobicoke for a little cheaper- maybe$1800)
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