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> The affordability measure is based on average household income of C$64,000 and a 25-year mortgage with a 25 percent downpayment. So if most houses are a mill
by serge2k 10y ago
> The affordability measure is based on average household income of C$64,000 and a 25-year mortgage with a 25 percent downpayment.
So if most houses are a million you only need 4 years salary for the downpayment.
Ouch.