Posted by linkadge on November 22, 2014, at 11:53:28
In reply to Re: Canadian housing bubble » linkadge, posted by Phillipa on November 21, 2014, at 8:54:54
Lets put it this way. The national average is now approx. $415,000.
In Toronto (close to where I live). Houses are around $700,000 *on average* whereas household incomes are around $70,000.
Its insane. The government keeps denying it. Oh well.
Living longer at home, I guess.
Linkadge
poster:linkadge
thread:1073631
URL: http://www.dr-bob.org/babble/social/20141012/msgs/1073677.html