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I'm guessing the payment scales depend on the cost of living in your area. They pay more in Silicon Valley compared to Toronto because a 1500 sqft single famil

• yxhuvud 14y ago
  And then there are Stockholm where I paid about $300k for roughly 365 square feet a month ago or so...
• typicalrunt 14y ago
  You'd be surprised at the house prices in Toronto or Vancouver (2 of the top tech cities in Canada). Yes, we're undergoing a housing bubble here, but $1M is the average price of a detached home in Vancouver...and that's for a 50+ year old hunk of junk (or 'crack shack' as we call it here). One of the reasons that the housing bubble is starting to pop in Canada is that the incomes can no longer support the housing prices. We tend to have lower incomes than the US, but our houses are more expensive, cost of living is here, higher taxes, goods are more expensive, etc etc. I wonder if SV incomes are higher simply because people expect them to be higher, or maybe there are more fundamentals to it.