zlacker

> The whole country is a gigantic house of cards propped up by real estate

That’s quite the statement, I assume you have quite the source for it.

The price-to-rent ratio isn’t that far off from the US, for example.

>>hnarn+(OP)
but incomes are generally much lower

>>hnav+Y
That's tech bias. The pay for random office jobs or trade jobs are similar.

>>hnarn+(OP)
there's a tiktoker that compares real states prices in Canada and in various parts of Europe

it's funny to see dozens of examples of european castles (buildings with tens of rooms and bathrooms, plus huge gardens) whose cost is in the same ballpark as 2 or 3 bedroom houses in random (but well [sub]urbanized) parts of Canada

>>ysofun+18
> dozens of examples of european castles (buildings with tens of rooms and bathrooms, plus huge gardens) whose cost is in the same ballpark as 2 or 3 bedroom houses

Castles are a bit of a scam. The old aristocratic families that still own them, e.g. in Germany, tend to have a state subsidy for maintainance. If you didn't have the luck of being born into those families, you get all of the joys of Medieval engineering twinned to modern historic preservation bureuacracy.

>>ysofun+18
Wait until you see the maintenance and heating costs for those castles, or any old building in general. The sticker price isn’t the whole story.

>>hnarn+(OP)
> The price-to-rent ratio isn’t that far off from the US, for example.

I'd love to see the numbers that back this up that also don't include SF, LA, NYC, Miami, or Seattle.

>>cycrut+Wf
I know that, but the comparisons are still ridiculous

the canadian properties are in some cases less than 100 square meters, getting compared with land properties of square kilometer scales!

the discrepancies in land value are artificial and are part of the global inequality crisis

but on the global scale the inequality is not between individuals, but between cities and states (and countries)

>>ysofun+ib6
Huh? Artificial? A plot of land in Manhattan is worth more than a plot of land in the Sahara desert. Not surprising at all.