4 ms·

Average house in Toronto or Vancouver costs about the same as in the valley. Senior devs rarely make more then 100-110k USD. No wonder people, myself included,

by c2h5oh 8y ago

Average house in Toronto or Vancouver costs about the same as in the valley. Senior devs rarely make more then 100-110k USD. No wonder people, myself included, at least consider moving.

jedberg 8y ago
> Average house in Toronto or Vancouver costs about the same as in the valley. I don't think that's accurate. I was just in Vancouver last week and took a peek at the real estate listings. I could sell my 1734 sq ft house here in the Bay Area, get one twice as big in Vancouver, and still have quite a lot left over.
- c2h5oh 8y ago
  You'd have hard time finding an acceptable house that size for less than 1.5M USD in Toronto. Vancouver is slightly higher.
  - jedberg 8y ago
    Sure, but a house of that size in the bay area is $3.3M USD.
    - hello_moto 8y ago
      GVRD (Greater Vancouver) in general uses larger land size for detached house (unfortunately, otherwise more properties can be built). Anywhere else in Canada (Alberta, Ontario), detached houses tend to be smaller. In Burnaby (not Vancouver proper) For CAD$1.7m, you'll get a new-ish duplex (4BR, 3BA). For CAD $1m, you'll get a townhouse (3BR, 2.5BA). Vancouver prices tend to hover around 10-30% more than the numbers I listed above. 1BR Apartment in Vancouver probably cost $650-700k. I think it's tricky to compare Apple to Apple (house X sqft vs same house Y sqft) because it won't be. The comparison has to be generalized a little bit with "Detached House vs Detached House in Desirable Location 'Y' ". I think most Canadians (mostly Toronto and Vancouver) that are having hard times when it comes to housing price are the ones who didn't jump to the market before 2009, which is hard to do even back then because there aren't many hi-tech companies paying high salary. Salesforce hadn't opened an office until 2010. Amazon didn't explode the compensation scene until 2016.

by c2h5oh 8y ago

Average house in Toronto or Vancouver costs about the same as in the valley. Senior devs rarely make more then 100-110k USD. No wonder people, myself included, at least consider moving.

jedberg 8y ago

> Average house in Toronto or Vancouver costs about the same as in the valley. I don't think that's accurate. I was just in Vancouver last week and took a peek at the real estate listings. I could sell my 1734 sq ft house here in the Bay Area, get one twice as big in Vancouver, and still have quite a lot left over.

c2h5oh 8y ago
You'd have hard time finding an acceptable house that size for less than 1.5M USD in Toronto. Vancouver is slightly higher.
- jedberg 8y ago
  Sure, but a house of that size in the bay area is $3.3M USD.
  - hello_moto 8y ago
    GVRD (Greater Vancouver) in general uses larger land size for detached house (unfortunately, otherwise more properties can be built). Anywhere else in Canada (Alberta, Ontario), detached houses tend to be smaller. In Burnaby (not Vancouver proper) For CAD$1.7m, you'll get a new-ish duplex (4BR, 3BA). For CAD $1m, you'll get a townhouse (3BR, 2.5BA). Vancouver prices tend to hover around 10-30% more than the numbers I listed above. 1BR Apartment in Vancouver probably cost $650-700k. I think it's tricky to compare Apple to Apple (house X sqft vs same house Y sqft) because it won't be. The comparison has to be generalized a little bit with "Detached House vs Detached House in Desirable Location 'Y' ". I think most Canadians (mostly Toronto and Vancouver) that are having hard times when it comes to housing price are the ones who didn't jump to the market before 2009, which is hard to do even back then because there aren't many hi-tech companies paying high salary. Salesforce hadn't opened an office until 2010. Amazon didn't explode the compensation scene until 2016.