What is a good salary in Toronto?
#137
Joined: Dec 2008
Posts: 3,054
Re: What is a good salary in Toronto?
OK, I managed the first half, which could be paraphrased as "country gone to the dogs" and been published in any issue of the Telegraph ever. I spluttered at the use of the phrase "Hogarthian hellholes" a reference to a time before the country came from the dogs and which indicates how much better things are now. It makes a lie of the rest of the piece (at least the first half)
I gave up at
"Interest rates in March reached a 10-year high of 3.1 per cent, one of the fastest among developed nations. House prices -- one of the most inflation-sensitive factors in British household finances -- are excluded from the official method of inflation measurement. If included, the real rate would be close to five per cent.
In a country where the average home costs nearly £200,000($430,000)property owning remains a pipe dream for the poor and an enormous burden for blue-collar families and the middle classes."
I assume he means "highest" and not "fastest". Regardless, this was plainly nonsense at the time it flowed from Mr. Newland's quill pen, the rate of home ownership in the UK was then much higher than in other European countries. In any case, the problems about which he complains have since been remedied, interest rates and house prices have both fallen; he should be happy now. One imagines he's not though, he'll still be writing for some colonial rag railing against the foreigners and the evils of equal opportunity in schools.
Really, if we must have links to the neo-con lackies of Conrad Black at least go for Mark Steyn, he has some wit in his frothings and provides CanCon.
I gave up at
"Interest rates in March reached a 10-year high of 3.1 per cent, one of the fastest among developed nations. House prices -- one of the most inflation-sensitive factors in British household finances -- are excluded from the official method of inflation measurement. If included, the real rate would be close to five per cent.
In a country where the average home costs nearly £200,000($430,000)property owning remains a pipe dream for the poor and an enormous burden for blue-collar families and the middle classes."
I assume he means "highest" and not "fastest". Regardless, this was plainly nonsense at the time it flowed from Mr. Newland's quill pen, the rate of home ownership in the UK was then much higher than in other European countries. In any case, the problems about which he complains have since been remedied, interest rates and house prices have both fallen; he should be happy now. One imagines he's not though, he'll still be writing for some colonial rag railing against the foreigners and the evils of equal opportunity in schools.
Really, if we must have links to the neo-con lackies of Conrad Black at least go for Mark Steyn, he has some wit in his frothings and provides CanCon.