05-27-2015, 02:04 PM
(05-27-2015, 11:52 AM)MidTowner Wrote: We won't be able to afford to subsidize it like we have forever, and few people would be able to afford it at its true cost.
Yet there are many longtime such trends. OAS and GIS, largely, should be programs which could be eradicated through better lifelong pension systems, like better CPP, etc. But instead of a cheaper cost (thanks to compounding interest over a half century), better country (thanks to half a century of this investment able to power our own growth), we rely on a system where we perpetually write cheques out of general revenues, and see this as an unquestionable system.
Similar unshakable beliefs still exist about suburbs and Canadian dreams. A third of our economy is related to the housing industry and its related elements. Entire cities and all aspects of their existence are controlled based on preserving land value, e.g. NIMBYs and the very real and all-consuming effects they have.
Maybe someday, but it's a tangled web to unravel, and we often seem to only be knotting it further.