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So true: (Original Post)
applegrove
Nov 2021
OP
The 1975 family income figure seemed odd to me. Google tells me that it's corrected.....
EarnestPutz
Nov 2021
#1
EarnestPutz
(2,593 posts)1. The 1975 family income figure seemed odd to me. Google tells me that it's corrected.....
.....into 1995 dollars. Still don't really understand this, to be honest.
http://www.ccsd.ca/factsheets/fs_avgin.html
applegrove
(123,133 posts)2. Thanks.
Bev54
(11,917 posts)3. When I was still in personal banking doing mortgages, the annual average income of the
community would relate to the cost of the average house, which we always looked at about 2.5 times ones salary. That sure went out the window.
applegrove
(123,133 posts)5. I feel so sorry for young families in Toronto.
Bev54
(11,917 posts)6. Vancouver the same, as is the Okanagan, which has quite low average incomes but
house prices are more than in Calgary. Calgary is one of the few cities that has high average incomes and house prices are high but still affordable. Just a shit place to live.
Response to applegrove (Original post)
Bev54 This message was self-deleted by its author.