Thursday, December 16, 2021

Are You Concern About Inflation and Staggering Rising Cost of Living In Canada?

 CBC NEWS NETWORK streamlined the debate at the House of Parliaments where those politicians have to debacle and debate over the rising cost of living in Canada. They were very much concern on inflation and staggering high cost of living with mortgages and rents to pay.

Always been that roof over your head first for the most part more important than anything else because you don't want to be homeless especially on freezing cold temperature. 

How much percentage of increase in housing price as mentioned by Conservative Party leader Hon. O'Toole? 20% to 30% is that right?

Google Craiglist >>> Did you know that 3 bedroom house with 2 bathrooms with 2 parking space for vehicles, with beautiful front and backyard is now priced at  $500,000? Wow! Four years ago, that kind of house was for sale at a value of $350,000. Or you can rent such house for $1,500/month. However, the utilities are not included. Utilities sometime can go up to $500 to $1,000/month. What are utilities?

Utility: Hydro + Gas + TV/Internet/Phone + Garbage collection fee + Yard maintenance (spring, summer, autumn, winter) Spring cleaning includes pressure washing, pruning of trees, lawn mowing, weeding, and snow removal during winter.

Food and cleaning supply for a month? $1,500+/month

House rent $1,500/month

Utility        $1,000/month

Blood Pressure Pills  $300/month

Vehicle maintenance/Gas/Insurance $1,500/month

Expenses above is more of the regular ordinary Canadian family living on paycheque to paycheque.

SHOCKING, right?

What's left for travel expenses? NOTHING. Vacation? NOTHING.

At present time, 3 bedroom house with 2 bathrooms is priced at staggering $2,500/month to $3,000/month. Who can afford that in Canada? Utilities not included.

That's why most people would rather be homeless. 

It wont be long when your community will be full of TENT PEOPLE. People living on tents!

Tent houses will mushroomed in the year 2022.

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