Subj : Re: Current opinions..on worl
To   : niter3
From : k9zw
Date : Fri May 24 2024 06:41 am

On 24 May 2024, niter3 said the following...
 
 ni>  Ac> And they wonder why businesses are shutting their doors all over the
 ni>  Ac> place. Either that, or charging your firstborn for some shit food.
 ni>  Ac> *shrug*
 ni> 
 ni> Agree, this whole country right now is a mess. 
 ni> 
 ni> Your average home price in Ontario is around $893,200.
 ni> Your average house hold income in Ontario is $80,000

What do you think is the cause of the dispartity?

The "old school rule of thumb" is your house should be less than a 2.5x multiplier of your annual income.  

In the Ontario example this is so out of line as to be unworkable,

What's up?

--- Steve K9ZW via SPOT BBS 

--- Mystic BBS v1.12 A48 2022/07/15 (Linux/64)
 * Origin: SPOT BBS / k9zw (21:1/224)

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