Quote:
Originally Posted by Tapioca
The numbers being thrown around are eye-watering now. Even if your average professional couple makes 200K/year (e.g. nurse and senior manager at a Big-4 or lawyer) with maybe 200-300K in equity from a condo or semi-detached, it's hard to imagine that they're the ones being able to compete for a detached in Burnaby.
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Quote:
Originally Posted by 4444
whilst I agree 100% in what you're saying, one correction: Snr Managers, on average, at big-4 in Vancouver don't make 200K p.a. - many/most will make the low 100's.
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I think he was saying the couple's income would be $200K/year which makes sense as the nurse can probably earn $70K so that's only $130K for the senior manager at KPMG.
Mark