I think I have to be more careful when visiting larger cities. At separating people in real need. It is all too possible to just miss a paycheck or two and people could land up on the streets there. So the many people begging today may contain a larger percentage of real hardship cases.

The cost of shelter is becoming far too high a percentage of their working incomes. At least in many larger Canadian cities. The younger families have no probability of buying a home without their parents help. You need 200K down in Toronto to get a decent mortgage rate. A million dollars does not buy that much there currently. Pretty much the same scenario in Vancouver as well if it is not worse.

Otherwise even if they were to qualify for a mortgage. They would probably find the high property taxes based on the valuation crippling. A real estate market correction is not going to help as the prices have gone far too high there. .

I also do not think this has occurred because of supply and demand. I really think the real estate companies selling have had a lot to do with it. In fact I am starting to see situations where some working people are little more than indentured slaves.

My uneducated guess is the financial sector of our society in Canada. Bears a lot of responsibility for the current state of many things as well. Credit is far,far, too easy.

As a person was mentioning the other day. They are older with good credit. Yet low income and low assets. Still how is it that they can buy a sixty thousand dollar pickup? Making the payments would turn their life upside down. He had a point and far too many are doing exactly that.

In what guys my age call the old days the financial community would not take the risk. They also cared a little about both parties. Without obvious means to support a reasonable lifestyle carrying that loan. You did not get it.

Now it is based simply on your credit rating it seems. They have no interest in how the situation will impact the customer. What is really also disturbing is people do not seem to consider the cost of items. Just how much the payment will be.

I really believe an exodus from the larger cities in Canada is overdue. At least the average people would stand a better chance. I can see a real increase of homeless people in our major cities all too soon. If this inflation we are having here in Canada does not moderate. Actually things seem to be on the verge of being almost out of control to some extent already.

I suspect that if the economy here is now consumer based primarily. At some point there may be very serious problems. As a result.

I do not think America is seeing much inflation yet. Hopefully it will not occur to the extent we have been seeing in Canada. So far there is absolutely no reason to suspect it is going to slow down. For some time I thought market demand would decline. Instead what seems to be occurring is just more debt loading. The percentage of people that are underwater in Canada is steadily increasing.

Begging was a fact of life in the `1930s. I suspect we will see it grow again. Even by those that have employment.