To speculate as to what Canadians (we the people further north) will be discussing at any given time may seem like a meaningless exercise… or maybe not. Topics come and go – somewhat like real estate cycles and are clearly governed by “what’s on the collective mind?” Be it the Olympics, Tennis, the Bard, Hockey, Provincial, Federal, Municipal, School Board, Parks’ Board or your club elections. Cycle and season dependant or maybe Pop Stars or dignitaries. The list may influence some piece of each of our minds at some time.
Focus if you will on the dinner table, work lunch room or the pub chatter in our city or various suburbs. I venture to say that we would encounter a handful of these at this juncture.
The cost of homes – rental or ownership, leading to the conclusions that this is largely out of our control and that of our offspring, leading in many cases to a level of frustration.
What about politics? Sort of under our control?? Status quo or widely divided electorate – again some level of frustration.
…and how, you may wonder, do these two topics connect? Will federal (or provincial) leadership take a stand on foreign ownership of real estate and the linkage to affordability?
Will our country continue to be the envy of the world, hence keeping pressure on real estate prices in the most desirable areas?
Will a close political race, vote splitting, unfriendly (unCanadian?) infighting/mudslinging and so forth, move us toward a more collaborative political structure/a proportional representation approach? And will this in turn support more creative and constructive thinking on realization of the “Canadian dream”?
Will jobs be created/ become more plentiful and assist our children in buying their first home in the Lower Mainland? All these imponderables!!
Do remember your ballot!
Given a couple of months, we will likely realize that, whatever the political outcome, our lives remain pretty much unchanged, and the dinner conversation will go back to real estate alone….