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Take a look at rise of house prices

Have you ever taken a look at where we are going? In 1968, if a person lived in Vancouver and made $10,000 a year, he or she could easily buy a house for between $18,000 and $20,000.

Have you ever taken a look at where we are going?

In 1968, if a person lived in Vancouver and made $10,000 a year, he or she could easily buy a house for between $18,000 and $20,000. West Vancouver was $30,000-plus, and five acres outside of Vancouver was between $5,000 and $6,000. Not bad.

But where have we advanced if a dumpy old shack costs a million dollars or more? Does anyone make half a million dollars today?

Our system stinks. It’s nothing to do with democracy, only greedy capitalism.

Peter Rueschmann

Port Alberni