[cmrdporcupine]

Yeh this person's argument makes no sense in the context of today's Ontario, but did about 5+ years ago. Housing price inflation here has made the lower SWE salaries here very uncompetitive.

And it's not just the house itself, goods and services associated with real estate have blown up with it. Home renovations and maintenance work on your home (if you can even find a contractor) are just stupid. So even if you bought in years ago (like I did), the carrying costs are very high.

[refurb]

That’s why this take came across as unrealistic to me.

Housing has exploded in Canada over the last decade. Even in smaller cities like Ottawa, the prices are more expensive than cities like Chicago.

Then layer on top low salaries, and housing affordability is worse in Canada than many US cities.