164
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 16 Mar 2024
164 points (100.0% liked)
news
23510 readers
585 users here now
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
founded 4 years ago
MODERATORS
americans can't afford to buy homes, but canadians are FUCKED
canada plays the progressive moral high ground to whitewash their broken capital flow magnet scheme.
It is not that hard to look good on the outside when your neighbour is the US
I had such a rosy view of Canada before I lived there (just the usual ignorant American idealism about how its a land of free healthcare and better environmental stewardship and better relations with indigenous people....). The US is not a paragon of indigenous relations by any means but holy shit the way that First Nations people are treated in the field I work in as far as "government to government" relations go is absurdly racist and paternalistic compared to how it works in the US (again, not that murica is a model for this in any way).
Three resource extraction companies in a trench coat.
Wait, really? I must be missing something here. Even though it's surprising to me, I can believe that Canada is actually a bit worse off than the US with respect to housing prices. But not only is this a drastic difference (hundreds of percent), this graph implies that from 1989 to 2005 and again from 2008 until covid, the US had a higher real disposable income than the real housing prices and that disposable income vs housing prices in the US have been pretty much in parity the whole time. Is it something like the wealthiest percentiles are skewing the data for the US to make it appear like people in general can afford homes? (GDP shows the economy is great actually!) If that's the case, why isn't the same true of the Canadian data set?
i'm not sure what the y-axis is meant to indicate. looks like the whole graph is a % compared to 1975? but the absolute values of the red and blue line might not have been the same to begin with. I guess you'd have to ask the Dallas Federal Reserve which is the source?