Thread: Time to sell?
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Old 08-28-2007, 11:57 AM   #26
photon
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Join Date: Oct 2001
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Quote:
Originally Posted by mykalberta View Post
At the moment, 99% of single income arrangements cannot afford a brick and mortar home.

MYK
That's simply not true. Affordability is still quite high in Alberta, and there are places to be had for reasonable prices... $1400 a month for a house is still reasonable considering our salary levels here.

Plus single income arrangements aren't the norm in Alberta. Employment participation is 70%, highest in the country (which is interesting when you think of the stereotype of "family values" stay at home parent that Alberta has).

Lots of single income arrangements can't afford a home, but it's not 99%.
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