Comments on: Memo to Generation-Y http://www.jacksnewswatch.com/2009/06/13/memo-to-generation-y/ Jack's Newswatch - You can fool some of the bears all of the time, and all of the bears some of the time, but you can not fool all of the bears all of the time — Jack's Newswatch Sun, 12 Feb 2012 09:02:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Cynapse http://www.jacksnewswatch.com/2009/06/13/memo-to-generation-y/#comment-610 Cynapse Sun, 14 Jun 2009 04:48:19 +0000 http://www.jacksnewswatch.com/?p=796#comment-610 True enough, though I only see the population growing, not necessarily the economy.  Mayor McMuffin is doing a fantastic job of driving out the middle class via heavy taxation, new regulations (garbage, recycling)  and failing to keep up the infrastructure.  Pretty soon this town is going to full of people with old money and welfare cases.  Not everything is his fault, mind you - people in this city are in love getting dangerous mortgages just to build their McMansions that sit so close to each other they may as well be townhouses. True enough, though I only see the population growing, not necessarily the economy.  Mayor McMuffin is doing a fantastic job of driving out the middle class via heavy taxation, new regulations (garbage, recycling)  and failing to keep up the infrastructure.  Pretty soon this town is going to full of people with old money and welfare cases.  Not everything is his fault, mind you – people in this city are in love getting dangerous mortgages just to build their McMansions that sit so close to each other they may as well be townhouses.

]]> By: Mac http://www.jacksnewswatch.com/2009/06/13/memo-to-generation-y/#comment-609 Mac Sun, 14 Jun 2009 04:35:12 +0000 http://www.jacksnewswatch.com/?p=796#comment-609 Having come from the over-heated market in Vancouver, I hear you... but I'm not sure finding ways to enable greater urban sprawl in Toronto is necessarily a great solution. How about focusing on sustainability instead of unfettered growth; in the housing market, in the population and in the economy. Just a thought. Having come from the over-heated market in Vancouver, I hear you… but I’m not sure finding ways to enable greater urban sprawl in Toronto is necessarily a great solution. How about focusing on sustainability instead of unfettered growth; in the housing market, in the population and in the economy. Just a thought.

]]> By: Cynapse http://www.jacksnewswatch.com/2009/06/13/memo-to-generation-y/#comment-608 Cynapse Sun, 14 Jun 2009 04:29:20 +0000 http://www.jacksnewswatch.com/?p=796#comment-608 That is less of an issue than the fact that houses are simply much more relative to gross income.  Lowering taxes isn't going to help my generation that much - housing just needs to be more affordable. For Toronto, that means getting rid of that damn green belt and improving the commuter trains so people don't feel the need to jam themselves into Toronto proper (I'd certainly leave if the commute wasn't an hour). That is less of an issue than the fact that houses are simply much more relative to gross income.  Lowering taxes isn’t going to help my generation that much – housing just needs to be more affordable. For Toronto, that means getting rid of that damn green belt and improving the commuter trains so people don’t feel the need to jam themselves into Toronto proper (I’d certainly leave if the commute wasn’t an hour).

]]> By: Mac http://www.jacksnewswatch.com/2009/06/13/memo-to-generation-y/#comment-607 Mac Sun, 14 Jun 2009 04:25:30 +0000 http://www.jacksnewswatch.com/?p=796#comment-607 Yet some people still argue for more and expanded social programs, all paid for through taxation. Something has to give. Yet some people still argue for more and expanded social programs, all paid for through taxation. Something has to give.

]]> By: Cynapse http://www.jacksnewswatch.com/2009/06/13/memo-to-generation-y/#comment-606 Cynapse Sun, 14 Jun 2009 04:20:52 +0000 http://www.jacksnewswatch.com/?p=796#comment-606 The only people I know who are my age and have a house in Toronto either got it through family, had family make a down payment, or were able to live at home while working to save for a down payment. Today's economy is different Mac.  That whole "I pulled myself up by my bootstrap" mythology is void.  If you can't depend on your parents, you end up with a ridiculously bad mortage or living in an apartment well into your 30's. The only people I know who are my age and have a house in Toronto either got it through family, had family make a down payment, or were able to live at home while working to save for a down payment.

Today’s economy is different Mac.  That whole “I pulled myself up by my bootstrap” mythology is void.  If you can’t depend on your parents, you end up with a ridiculously bad mortage or living in an apartment well into your 30′s.

]]> By: Mac http://www.jacksnewswatch.com/2009/06/13/memo-to-generation-y/#comment-605 Mac Sun, 14 Jun 2009 04:15:38 +0000 http://www.jacksnewswatch.com/?p=796#comment-605 I didn't depend on my folks for anything. Time will tell how my kids fare. I expect my son will be independent like I was. My daughter, however... I didn’t depend on my folks for anything. Time will tell how my kids fare. I expect my son will be independent like I was. My daughter, however…

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