on Wednesday that it is likely that June 2022 was the low point for affordability since mortgage rates were up and home prices had not yet softened significantly.
Homebuyers would need to earn an annual income of at least $178,890 a year in October to qualify for a mortgage for an average-priced home, with a 20 per cent down payment.
Remember back in the 90s when you could get a job off the street to provide for your family? I barely do, but at least we were house poor. The next two generations are just going to be poor.
China 🇨🇳 operative Trudolf Must Go
You’re not limited to the amount of income streams you can have
Housing has tripled in 10 years
Move out of the city you yuppies
LOL even in Winnipeg if you're not making JustinTrudeau's salary, you can forget about buying a home.
That seems about right. Although I would say it’s become worse with the new mortgage rates.