3 ms·
Yeah. Here in Vancouver you need 250k+ yearly household income to afford a very average detached single-family house (3 bed, 1 floor) anywhere in the metro area
by mjr00 3y ago
Yeah. Here in Vancouver you need 250k+ yearly household income to afford a very average detached single-family house (3 bed, 1 floor) anywhere in the metro area. A typical senior engineer salary here, for a local company, is $200k/year on the high end. AWS/MS might pay a bit more but not significantly.
The larger houses in "nice" neighborhoods are going for 4/5 million, so they're not getting purchased by anyone in the working class, by which I mean anyone who relies on regular employment income to live.
- glouwbug 3y agoVancouver's 90 percentile before tax income is 99k age 25-34 and 142k for age 35-44. https://www12.statcan.gc.ca/census-recensement/2021/dp-pd/dv-vd/income-revenu/index-en.html https://www12.statcan.gc.ca/census-recensement/2021/dp-pd/dv...