Quote:
Originally Posted by trollface
I'm pretty sure a reg guy in Van is up to his eyes in debt from a 800k Townhouse. The median income for a family in BC is like 80k. Your buddy is far from regular.
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True and true. But that's not stopping many in the lower mainland to buy six figure toys.
It's all about priority and income level. How many 14dolla ballar are driving a bimmer?
They are a typical 2-income family with both of them working. They are certainly above the median income, but nothing over the top either. I estimate my friend to be a tad over 100k given his position while his wife gets another 6xk-7xk or so.
He's just putting the money saved for something like an investment property to fulfill a lifetime dream instead. As long as he can justify it, I don't see why not.