Housing in Toronto goes up 2k a week. The average price is over 1 million. Unless you inherit Grandmas house, you aren't buying shit on your salary in Toronto.

Housing in Toronto goes up 2k a week. The average price is over 1 million. Unless you inherit Grandmas house, you aren't buying shit on your salary in Toronto. The crisis is now spilling over to all of Ontario. I don't even know what you have to bring home after taxes to save up for a down payment. Most houses are well over 1 million. The house I bought in 2005 for $440k could fetch around 1.2 million today with multiple bids and I guarantee that it will be torn down so a new home can be built on the lot. A new home in my area goes for 2.5 plus million and they can't build them fast enough. https://www.blogto.com/real-estate-toronto/2021/05/toronto-less-affordable-housing-new-york-la/ https://www.blogto.com/real-estate-toronto/2021/05/toronto-l...