The politicians are also older people who can't empathize. The young also don't vote.
And if you do buy high now, who are you gonna sell even higher when you retire, since there are so few new kids being born?
The politicians are also older people who can't empathize. The young also don't vote.
And if you do buy high now, who are you gonna sell even higher when you retire, since there are so few new kids being born?
This might change, fast.
I have two daughters who are in their early 20s. My oldest daughter, 24, has dreamed of buying a home and starting a family with her high school sweetheart of 10 years and her dream has been completely shattered.
The saddest part is, this isn't even just about buying a home. She's not going to start a family until they are no longer living with us and have a house of their own. But the longer it takes for that to happen, the more difficult and risky it becomes for her to start that family and forget about having 3+ children and starting at 35. That's even if there is a correction in the next 10 years.
So her dreams are completely shattered. She's not the only Gen Z out there that had these types of hopes and ambitions throughout their adolescence and early adulthood and are now feeling completely hopeless.
Just recently, here in Canada, there was a leaked RCMP report issued to the government warning it of potential civil unrest due the economic and housing crises: https://www.cbc.ca/news/politics/rcmp-police-future-trends-1...
Yes, it may be true that unemployment is at a low and stocks are up. That means absolutely nothing to young adults in their 20s who are still living with their parents, not by choice but because they have absolutely no hope of ever being able to buy a home of their own.
So I wouldn't be surprised if in the coming years we see record turn-outs of young voters.
So yes, the young have a great party to vote for.
You can't bring in enough people for 800,000 homes if you have historically built around 250,000 and the best government in the country manages an 11% increase without inflating rents and making the housing crisis worse. We need to radically slow the insane surge in demand so that building more housing has a chance to keep up. Canada has historically had 2.3 people per home so if we increase builds to 300,000/year we can support bringing in roughly 660,000 people with stable prices. If we bring in 2M everyone can guess what will happen.
My understanding is that career politicians' take on the youth vote is: "If the stars happen to align, and you play it right, the youth vote can win you an election. But usually not - so you should mostly let your opponent waste his time chasing the youth vote."
A few times, when things looked murkier, I've just contacted the local (city or county) party organization, and quickly gotten answers.
If that didn't work, I'd probably try contacting the League of Women Voters, County Clerk's office, or similar [non-]governmental groups that work at keeping track of such things. And some web searches, looking for primary candidates with on-line campaign info.