Hacker News Reader

>Everyone I know has repeatedly lost loads of money in the stock market, but not one person I know has lost money buying real estate in large urban centres in Canada.

Canadians are very optimistic on owning houses. Too bad the market needs to crash before anyone under 30 can afford anything decent.

View on HN

In Canada, we are so much more intelligent then our American counter-parts. Everyone up here knows that real estate is the best investment you can do, and that you will never loose money.

The U.S housing market ? In Canada, nobody has heard of what happened in 2007 down there. When they do, well, we are so much better then Americans, our real-estate is bullet proof.

Sorry for the sarcasm, years of frustration trying to explain to people why I'm not interested in buying a condo at 25.

Boomer mentality is especially insufferable in Canada. I have to hand it to this author, though. He's the most pessimistic one I've met.

The author is female.

Reply on news.ycombinator.com