Quote:
Originally Posted by username
So if you're household isn't making 119 per year, then you're not an average Calgarian, scary I know.
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The thing is that a few really rich guys can skew that average. Chances are there are a lot more "poorer" average Calgarians out there than 119k per household. Looking at the median is probably more reflective of reality.
And yeah, I can believe the high debt load. Just because a lot of people bought 600-700k houses, doesn't necessarily mean that they can afford them. A lot of people over extended.