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OK, let's take Canada: You call house prices 6-10 times [1] the family annual income reasonable? What planet are you from? [1] In areas where people actually
by jazzyk 9y ago
OK, let's take Canada:
You call house prices 6-10 times [1] the family annual income reasonable? What planet are you from?
[1] In areas where people actually want to live in Canada, like B.C. or Ontario
https://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/the-great-toronto-disconnect-house-prices-and-incomes/article34623683/ https://www.theglobeandmail.com/globe-investor/personal-fina...
- maxxxxx 9y agoThe prices are realistic in terms of supply and demand. Too many people with a lot of money having nothing better to do than buying and selling houses. Reasonable? No, especially for the little guy. Healthy for society? Absolutely not.