[Adorkami]

Originally Posted by originalhypa

Your logic is flawed.
Most of the complaints in Vancouver aren't about getting a Rolls. It's about not being able to afford living in the city that you grew up in because it's turned into a part time playground for the wealthy.

Give your head a shake, then read this.

It takes 23 years to save for a down payment in Metro Van, says study | Globalnews.ca

Most of the complaints are about people who think they deserve something because others have it and they aren't able to put the work in. If you are willing to work there is always money to be made regardless what is handed to you.

If you are buying a house for 812,653 why do you need to put 20% down? You need to only put down 51,265.30 instead of 162,530. The difference of $106,265.30 seems like a big oversight... or are they assuming they cant get mortgage insurance. Also are they assuming that the 15% saved yearly is being stored under your mattress? 7076.70(15% of income) x 23 years is 162764.10, I'm assuming they think in 23 years you will make 0 interest.