Vancouver’s absurd housing market shuts out millennials

Is the affordability crisis – and the lack of government intervention – a metaphor for something much worse?

Vancouver’s absurd housing market shuts out millennialsI want to describe Vancouver’s awful housing market as a metaphor for something else. I’ll reveal the ‘something else’ later in the column. For now, let’s just stick with Vancouver, the city I grew up in. When I was a little boy, our Dunbar neighbourhood had a broad cross-section of residents. Our family’s cleaning lady…

Combining bad Marxist theory and millennial laziness

Total automation, capitalist or communist, removes the very purpose of human existence

Combining bad Marxist theory and millennial lazinessSince the publication of Fully Automated Luxury Communism in 2018, a manifesto by Aaron Bastani, millennials across Canada and the United States have embraced a new Marxism for the 21st century. This new socialism is based on the concept of a post-scarcity economy that embraces automation, the reduction of working hours and a universal income.…

Can millennials be convinced to fall in love with cars?

Many, when they do buy, view automobiles as a necessity rather than a lifestyle. And many others are content to live without wheels

Can millennials be convinced to fall in love with cars?With baby boomers fading into the sunset, millennials have taken over as the biggest generation, population-wise, in the world. Born roughly between 1980 and 2000, they’re sometimes called generation Y and now represent the largest demographic group of consumers in North America. Not to mention the most strategic group of voters. But millennials aren’t throwing…

Mortgage restrictions force millennials to abandon home ownership

The result has significantly dampened the Canadian economy. Banks, not legislated stress tests, know best who can pay for houses

Mortgage restrictions force millennials to abandon home ownershipAn uproar is brewing over real estate in Canada, fuelled by a misguided attempt to protect willing homebuyers from themselves. Owners see prices declining, while prospective first-time owners find themselves locked out by mandated stress tests. The federal regulator should ease stress-test requirements – if not eliminate them altogether – before they cause further harm…

Breaking the tech glass ceiling in the workplace

Massimo Canonico talks about the findings of a Docebo report that shows key disparities in skills training

Breaking the tech glass ceiling in the workplaceMassimo Canonico is director of solutions engineering at Docebo. He spoke about a poll commissioned by Docebo, a provider of AI-based learning platforms, titled 2019 Tech Skills Report. What are the key findings from the poll? Canonico: The first thing we noticed when we reviewed the data from our survey was that the approach to…

Millennials starting to drive recreational property market

New buyer demographic comes with different lifestyle and property criteria than those of their boomer counterparts: RE/MAX

Millennials starting to drive recreational property marketThe majority of millennials are in the market to purchase a recreational property, according to a new RE/MAX survey conducted by Leger and released on Thursday. The survey found 56 per cent felt that way compared with 42 per cent last year in the survey. The real estate company said the increase in buying intentions…

Millennials can save the future by reinventing money

They need to reinvent the capitalist system to fully unleash that creativity and establish an economy that’s more just and balanced

Millennials can save the future by reinventing moneyIf you dare to ask, young people today will tell you their generation is screwed. Why? Because they were told, “Be creative, get an education and you can be whatever you want to be.” Oops, wrong! Struggle through a creative career and it's almost impossible to buy a home or escape from student-loan hell. In…