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Re:ECB holds key interest rate at 4% by toyg on Friday October 27, 2023 @09:36AM (#38038258)
> >60% of people own a home

Er, no. According to this source [0], 66% of people live in owner-occupied houses. If you're a pennyless 20+ year old living with your parents, you're in that number but you're not owning anything - your boomer parents do.

[0] https://madeinca.ca/homeownership-statistics-canada/

Re:ECB holds key interest rate at 4% by didgeoridoo on Friday October 27, 2023 @09:46AM (#38038370)
If you’re 20+ years old in 2023, your parents are most likely Gen X (1965-1980), not Boomer.
Re:ECB holds key interest rate at 4% by onlyrealcuzzo on Friday October 27, 2023 @09:56AM (#38038461)
~35% of Canadians 18-34 live with their parents. There's ~7.75M Canadians in that age group. There's ~8M children and ~30M total adults.

So ~35% of ~25% of adults live with their parents. ~8%.

Congratulations ~58% of Canadians own their own home (worst case) instead of ~60%.

Not sure why kids living with their parents is any different than a married couple living together. Maybe the kid is going to inherit the house. Often times, the kid is living with the parents not out of necessity for the kid - but because the parents are the ones that need help.

You're seeing what you want to see, and distracting yourself from the important part - majority rules, and the majority of people own homes - and a much larger majority of voters own homes.

I'd be impressed if that ~58% doesn't become >64% when you look at voters.

Re:ECB holds key interest rate at 4% by toyg on Friday October 27, 2023 @10:34AM (#38038987)
> Not sure why kids living with their parents is any different than a married couple living together.

Lol; because kids have no agency, of course. They didn't choose where to live and how, their name is not on the deed. They are disenfranchised from the system.

> a much larger majority of voters own homes.

I do not disagree there, but you ignore minorities at your peril. You don't need 50% of voters to create serious political turbulence; in fact, you don't even need 10%.