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kleinbl00 · 1000 days ago · link · · parent · post: Buyers’ Strike: Sales of New Houses Plunge 32% in 5 Months, Unsold Inventory Highest since 2008, Prices Drop, Construction Costs Spike by Most since 1980
If by "wages" you mean "buying power" then yeah - it's a real problem. But there are a couple chunks on the soccer ball below that Canadians have a different relationship with: "Healthcare, personal insurance and pensions" are 20%. The Biden administration is already front-loading childcare tax credits into payments. That costs them nothing, but makes it look like the government is giving them money. They decide to do the same with insurance (which will raise inflation more) and suddenly yeah, prices are going up but the democrats are giving them money.* "Money" or "Covid." Which do you choose? There will definitely be outliers but the Dems have a rhetorical advantage here.