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Sweet Spot
(lemmy.world)
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
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Just shows you how low minimum wage is.
It’s not just low minimum wage, although BC’s is currently the third highest in Canada.
No, the problem is also “investors” that buy on spec only to sell at a much higher price just before completion, as well as “investors” that buy up 5, 10, 15 or even more homes for rental income. Both of these goose home values into the stratosphere and massively constrain the supply of homes that are affordable to those wanting to stop being renters.
Were it not for “investors”, homes would likely be half or even less than what they currently are.