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If only. The average Canadian house price is over $700,000 [1], and over $1.2 million in Vancouver, $1.1 million in Toronto. Rentals are also extremely expensi

If only. The average Canadian house price is over $700,000 [1], and over $1.2 million in Vancouver, $1.1 million in Toronto. Rentals are also extremely expensive in metro areas, with 1 BR apartments over $2,700 in Vancouver and $2,500 in Toronto. [2] [1] https://www.cbc.ca/news/business/crea-housing-data-1.6843592 https://www.cbc.ca/news/business/crea-housing-data-1.6843592 [2] https://rentals.ca/national-rent-report https://rentals.ca/national-rent-report

Gunnerhead 3y ago
And what sucks is that these two cities are where a big portion of the tech jobs are, especially Toronto. And with companies pushing for back to office, you don't have much option besides living in these expensive cities. There is a tech industry in Ottawa & Waterloo, but the former is getting very expensive too and is sprawling suburb while the latter is also getting expensive, while losing a lot of tech campuses to Toronto.
- pkulak 3y ago
  At least Vancouver is expanding the Sky Train. You can get pretty far away from downtown at this point and still be one train away. But I haven't looked into housing costs, so maybe that just makes everything anywhere near a stop just as expensive.
  - soperj 3y ago
    Everywhere you go in Metro Vancouver is ridiculous.
  - 3pt14159 3y ago
    Well, there is the Go train for the GTA and some areas are still pretty cheap like Hamilton which is a little over $650k for a two bedroom. But I agree with the overall point that housing is too expensive in Canada.