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by aianus 3035 days ago
Just a house for your family will eat up all of that 40k here in Toronto (that’s basically interest-only on the average $1m house in the suburbs). You’d have nothing left.

Although we still live very well in absolute terms, a lot of people I know have and will have a worse quality of life than their parents did, despite being more successful and earning more money! It’s kind of depressing.