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Originally Posted by Slava
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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According to the article:
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"Based on the median after-tax income of total under 65 economic families."
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After tax, and calculated based on all 6 cities. I would imagine Calgary itself sits higher than most of those other cities in median income. Not sure what qualifies as an "economic family".