Quote:
Originally Posted by chedder
Kind of off topic but that 120,000 average individual income seems way out of whack with what literally every other site says. The alberta government says the median family income is $105,000. CMHC says around the same.
Most sites put the average individual salary around $60,000 which matches what national surveys say. (54,000 for canadians) So your average household is not buying million dollar houses right of the bat (which seems obvious).
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I think the average
buyer makes way more than $105k though. The median income includes the 19 year old college student, the 23 year old new grad, the single dad working at the post office that ìs only looking to rent, etc.