I left Montréal, cannot afford a decent house there, now in suburbia. I have no clue how people in Toronto or worst, Vancouver, can manage to buy condo/house at 1 or 2 millions$ ?!?
this post was submitted on 30 Oct 2024
40 points (100.0% liked)
Canada
7185 readers
234 users here now
What's going on Canada?
Communities
🍁 Meta
🗺️ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
🏙️ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
🏒 Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montréal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown - Toronto Blue Jays
Basketball
- List of All Teams:
unknown - Toronto Raptors
Soccer
- List of All Teams:
unknown - General Community: /c/CanadaSoccer
- Toronto FC
💻 Universities
💵 Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
🗣️ Politics
- Canada Politics
- General:
- By Province:
🍁 Social and Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 3 years ago
MODERATORS
I bought a house in a suburb for the middle of my possible price range. I had worked out pricing options with a fee based financial advisor.
My wife and I make good money and I do not understand who is spending $1M-2M on housing, that was well above our top budget scenario.
The math doesn’t make sense to me. Someone is lying in the qualifying process.
It's like the show on TV "I'm 26, I am a cook in a fast food restaurant, my wife is 25 and a part time soap maker at home, we are looking for a house in Parkdale Toronto, our budget is 1.5 million" WTF?
My question at that point would be, "So, did you sell a house in Vancouver, win the lottery, are you related to Galen Weston or someone with similar assets, or is artisan-made soap just that profitable?" Or, more likely, is the show financing them in return for permission to film?
Français:
Disclosure statement
Raphaël Fischler is a member emeritus of the Ordre des urbanistes du Québec and a Fellow of the Canadian Institute of Planners. He received SSHRC and FRQSC funding in the past for his research in the history of urban planning.