Comments on: It’s Not Just You: Toronto Housing Up 188%, Household Income 1%

By: [2016] Chinese Gangs And Canadian Real Estate, The Odd Correlation | Piotr Bein's blog = blog Piotra Beina

Mon, 28 Jan 2019 05:18:18 +0000

[…] rates were slashed. Except, that’s not the case. Income has been stagnant in both Vancouver and Toronto, with many people making less than they did in previous years. This leaves market growth to capital […]

By: Is Rent Burden an Issue in the World's Best Cities of Opportunity?

Is Rent Burden an Issue in the World's Best Cities of Opportunity? — Wed, 06 Dec 2017 07:09:55 +0000

[…] For the sources of average rent and median household income data for each city included in this study, follow the links in the section below: Rents: Amsterdam, Beijing, Berlin, Bogotá, Chicago, Dubai, Hong Kong, Jakarta, Johannesburg, Kuala Lumpur, Lagos, London, Los Angeles, Madrid, Manhattan, Mexico City, Milan, Moscow, Mumbai, Paris, Rio de Janeiro, San Francisco, São Paulo, Seoul, Shanghai, Singapore, Stockholm, Sydney, Tokyo, Toronto Incomes: Amsterdam, Beijing, Berlin, Bogotá, Chicago, Dubai, Hong Kong, Jakarta, Johannesburg, Kuala Lumpur, Lagos, London, Los Angeles, Madrid, Manhattan, Mexico City, Milan, Moscow, Mumbai, Paris, Rio de Janeiro, San Francisco, São Paulo, Seoul, Shanghai, Singapore, Stockholm, Sydney, Tokyo, Toronto […]

By: Should I Buy A House In 2017? A Data Driven Approach To Buying Canadian Real Estate | Better Dwelling

Sat, 01 Apr 2017 13:29:00 +0000

[…] be able to afford your home? Especially in a city like Toronto where the median income has moved around 1% over the past 30 years, inflation adjusted. Taking median income into account, it’s getting harder and harder to […]

By: What President Trump Means For Canadian Real Estate | Better Dwelling

What President Trump Means For Canadian Real Estate | Better Dwelling — Thu, 10 Nov 2016 17:32:18 +0000

[…] of the future of Canadian real estate. There’s many factors working to bring prices down – stagnating incomes, employment trends, and household debt are three significant ones. A Trump presidency however does […]

By: Chinese Gangs and Canadian Real Estate, The Odd Correlation | Better Dwelling

Sat, 29 Oct 2016 00:05:18 +0000

[…] were slashed. Except, that’s not the case. Income has been stagnant in both Vancouver and Toronto, with many people making less than they did in previous years. This leaves market growth to capital […]

By: Only 50% of Canadians Have Jobs, The Unemployment Pandemic | Better Dwelling

Fri, 14 Oct 2016 21:06:57 +0000

[…] significant demographic that should be watched closely here is Millennials. No, not because they aren’t being paid enough to live in the two major cities with job growth in Canada. Unemployment for people under the age of 24 looking for jobs is a whopping 13.2%, almost twice the […]

By: Canada's Real Estate Bubble Is Way Worse Than The US, Here's The Chart | Better Dwelling

Wed, 24 Aug 2016 23:18:53 +0000

[…] also hard to make an argument that our economy is doing substantially better since we have stagnating income, the highest debt load of any country in the G7, and a lack of industry development. That or […]

By: Toronto and Vancouver Are Terrible Places For Millennials | Better Dwelling

Toronto and Vancouver Are Terrible Places For Millennials | Better Dwelling — Thu, 11 Aug 2016 16:01:07 +0000

[…] estate and low-paying service sectors like retail and restaurant employment. You also know that Toronto’s median income has only grown 0.38% over the past 30 years, which means there isn’t a whole lot of wealth being created for the average person there. What […]

By: Mary

Mary — Fri, 17 Jun 2016 03:20:48 +0000

In reply to Nile Livesey. But the taxes in Quebec! Someone needs to crunch the numbers on what's worse over 30 years – Quebec's taxes or Toronto's ridiculous real estate premiums.

By: Dennis Jordan

Dennis Jordan — Fri, 17 Jun 2016 01:25:47 +0000

If the median income is $82k, for every household that makes $140k, we only know that there is a family that makes less than $82k. If one family earns $82k, and the rest are split evenly between $3 million per family and $81k per family, the median income is $82k.