Calgary is affordable compared to Vancouver and Toronto but I wouldn't say it's that affordable overall, just in comparison. Not a bubble but not overly affordable.
It may be because I bought my first home in the early 2000s when it was about a 1/3 of current prices. Comparing wage increases from then to now and home prices have easily outpaced that.
I'd be miserable being in my 20s again trying to save for a down payment to afford a home today at current prices. I would never ask my parents to help me out either.
I'd seriously look at renting instead as I think there are better things to do with your money.
The whole ownership mentality in Canada is a big issue.
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