grte@lemmy.ca to Canada@lemmy.ca · 7 months agoMiddle-class safe from tax hikes says Freeland, no such promise to the wealthywww.nelsonstar.comexternal-linkmessage-square13fedilinkarrow-up161arrow-down11file-text
arrow-up160arrow-down1external-linkMiddle-class safe from tax hikes says Freeland, no such promise to the wealthywww.nelsonstar.comgrte@lemmy.ca to Canada@lemmy.ca · 7 months agomessage-square13fedilinkfile-text
minus-squareNik282000@lemmy.calinkfedilinkarrow-up9·7 months agoIn 2023 the average household income was 75K and the average home price was 715k. >9x In 1999 the average household income was 57K and the average home price was 229k. ~4x Even if you make 100K you are still just doing “ok” in Canada because the value of your work has been cut by more than half in the past 20 years.
minus-squarePapamousse@beehaw.orglinkfedilinkarrow-up2·7 months agoAbsolutely, it’s almost impossible to buy a house. How can people have a 6k/month mortgage is beyond me
In 2023 the average household income was 75K and the average home price was 715k. >9x
In 1999 the average household income was 57K and the average home price was 229k. ~4x
Even if you make 100K you are still just doing “ok” in Canada because the value of your work has been cut by more than half in the past 20 years.
Absolutely, it’s almost impossible to buy a house. How can people have a 6k/month mortgage is beyond me