Quote:
Originally Posted by Jmac
Median household income in Canada is just shy if $79k/year (2014 Stats Canada) and median individual income in Canada is $33k/year (2014 Stats Canada).
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Im aware of what the stats show, and those are fairly skewed IMO. People working minimum wage jobs at McDonald's and Walmart should not be in consideration to buy property, even before prices took off
Lets look at it this way. I would say that being a teacher, nurse, office worker, construction/trades, these are all average work positions. Not entry level, you'd need some level of education and/or experience to be average in this sense. These positions can pay a fairly average 50-60k if not more depending on your skills and experience. Since when did working in these areas classify anyone as above average or even rich (by way of the official median income stats)?