Quote:
Originally Posted by Slava
^I don't know chemgear. I just kind of accepted the 4-11 times figure that was posted in the first place as being accurate and don't know what it's based on really.
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Heh, fair enough. If it is household income then I would suggest that the dual/single income difference doesn't really affect the ratio. It's just the total dollar value (which may/has gone up over time based on the scenario described earlier.)
And I guess the Bank of Canada decided to jack up rates another 0.25% today - still at stupidly low emergency levels though. Lots of waffling about what happens from here though, nothing sounds definite at this stage.