• jadero@lemmy.ca
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    9 months ago

    I’m a member of a generation whose wealth is tied up in home ownership. I say let 'er rip!

    We can’t keep putting off a fix forever, so the earlier we tackle it, the better. No matter what we do, someone has to suffer, at least a little bit, so get it over with.

    There is also plenty of money available to help ease the suffering if only we had the courage to tax properly.

    It also might not hurt to let the institutional lenders and the investment class just eat some losses.

    • folkrav@lemmy.ca
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      9 months ago

      With 38% of our federal politicians having real-estate investments or being landlords, and the rate of ownership amongst canadian politicians being twice as high as the general population… They literally have skin in the game.

      • jadero@lemmy.ca
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        9 months ago

        Yup, no spine and maybe no ethics. Sometimes you have to do what is right, regardless of the consequences to yourself. Every ethical person knows that and every ethical person with a spine sucks it up and makes it happen.