Editor:
The recent letter from "old-timer" Geoff perfectly expresses how out of touch legacy property owners are from the reality young people face — it’s obvious he didn’t do the math.
Geoff seems to think he was “toughing it out” in the '80s when he was paying the mortgage on a detached single-family home and raising kids on one union income with $20 a week for personal fun money. Ha! I would do A-N-Y-T-H-I-N-G to be in that situation today.
A young person with Geoff’s exact job today is likely living in a mouldy campervan behind a department store and considering a vasectomy for family planning. That’s not an exaggeration — that’s life at 30 in the Lower Mainland.
Geoff is a probably a millionaire on paper despite being unable/unwilling to do the math necessary to acknowledge his unprecedented good fortune, and that’s why our society is broken and our economy is failing.
Where’s my $20 every week, after paying my mortgage and feeding my kids?
P.S. $20 in 1980 is $72 today. $72 a week is over $10 a day. I don’t know any self-made young parents in Vancouver spending $10 a day on personal fun money.
B. Bentham
📢 SOUND OFF: Are you a young resident of Metro Vancouver dealing with the high costs of housing? How are you making it work for your family? Do you have thoughts to share? Send us a letter.
