Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
Immigration
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="rickyb" data-source="post: 5138795" data-attributes="member: 56035"><p>so how do you explain thunder bay currently being 5x a hospital clerks income for a condo when theres tons of land and population is only 100k and its remote, VS vancouver when pop was over 1 million and it was 1.5x the same income...</p><p></p><p>theres a greater money supply in the form of debt, and that increased the housing prices.</p><p></p><p>the banks in america used to lend you like 25% or so max of your income for a mortgage. they got rid of the rules since then and its closer to 50% now.</p></blockquote><p></p>
[QUOTE="rickyb, post: 5138795, member: 56035"] so how do you explain thunder bay currently being 5x a hospital clerks income for a condo when theres tons of land and population is only 100k and its remote, VS vancouver when pop was over 1 million and it was 1.5x the same income... theres a greater money supply in the form of debt, and that increased the housing prices. the banks in america used to lend you like 25% or so max of your income for a mortgage. they got rid of the rules since then and its closer to 50% now. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
Immigration
Top