Quote:
Originally Posted by _Q_
Not much older than me "bud".
Maybe if you focused a bit on reading comprehension in high-school, you would be able to make that average salary. Then you would be able to purchase that average home and average vehicle.... wait Scratch that. You still wouldn't be able to afford ####, because that's not how our economy works anymore.
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Being able to buy the average vehicle and average home on an average salary seems like it would make sense on the face of it - but I don't think it's actually a reasonable assumption.
The lowest earners would not be buying homes or new vehicles, so while they are factored in to the group of people for calculating average salaries, they are NOT factored in to the group of people calculating average new vehicle or home prices. If you were to calculate the average household incomes of people who DO buy new vehicles and homes, I think you'd find that the average is substantially higher.
Quote:
Originally Posted by Mr.Coffee
I think your overall point would resonate more if you took it from like a 10 to a 5. I didn’t bother to go back and re-read but your initial reply to Q seemed hilariously over the top aggressive.
I don’t even necessarily disagree with your point. Canadian expectations of standard of living is something that is 110% going to decrease in the future, that’s something you can bank on without doubt. And it’ll be good for society I think, weirdly.
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I agree with this - I certainly don't think you need to own a single family home or a new car to live a comfortable life. There's honestly nothing wrong with renting, living in a condo or townhouse, driving an older car, etc. No doubt, the security of owning your own house is a valuable thing, but I don't see why so many people see it as a pre-requisite to living well when owning your own house is not the norm in most other places around the world.