CanadaPolitics

1875 readers

66 users here now

Placeholder for any r/CanadaPolitics refugees

Rules:

All of Lemmy.ca's rules apply

No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
Be respectful. Everyone should feel welcome here.
No porn.
No Ads / Spamming.

founded 1 year ago

MODERATORS

lightrush@lemmy.ca

grte@lemmy.ca

104

While you are struggling to make rent, boomers are installing elevators in their homes. (www.ctvnews.ca)

submitted 1 day ago by secretfoxtail@lemmy.ca to c/canadapolitics@lemmy.ca

45 comments fedilink hide all child comments

From CTV News (Bell Media):

"It might seem pretty rare to find a house with an elevator, but chances are higher you might find one in Calgary these days."

you are viewing a single comment's thread
view the rest of the comments

[–] secretfoxtail@lemmy.ca -4 points 1 day ago (1 children)

You believe wealth exists only in a binary states of either gold flaked champagne or homeless destitution? Or perhaps you are being facetious? Regardless, the simple truth remains that your average boomer is much better off than your average millenial, or zoomer.

[–] theacharnian@lemmy.ca 7 points 1 day ago (2 children)

Citation needed. Because I see older folks going through my recycling for empties every Wednesday. And I see tired exhausted old folks on the bus every day. Not saying rich boomers aren't a thing, of course. But their elder millenial kids tend to be well off too by now. In the grand scheme of things, it's a class thing, not an age thing. Always has been.

[–] kandoh@reddthat.com -1 points 1 day ago

Because I see older folks going through my recycling for empties every Wednesday. And I see tired exhausted old folks on the bus every day.

Anecdotal evidence

[–] secretfoxtail@lemmy.ca -3 points 1 day ago (1 children)

Citation needed.

Okay, how about statcan.gc.ca which in 2019 reported:

"Canadian millennials had higher incomes and assets than young Gen-Xers at the same age. However, they were also more leveraged, as their debt to after-tax income levels surpassed 200%."

https://www150.statcan.gc.ca/n1/pub/11-626-x/11-626-x2019006-eng.htm

[–] BCsven@lemmy.ca 1 points 1 day ago (1 children)

The post title is boomers, this link is GenX and Millenials.

[–] secretfoxtail@lemmy.ca -3 points 1 day ago (1 children)

Try looking at the source.

[–] BCsven@lemmy.ca 3 points 1 day ago

I see the source, but I don't see how your link compares Boomers, can you point out wherebit does??