…It’s said that the cost of a house should be no more than three times your gross household income.
There are a bunch of cities in Canada where this is more or less possible, and we should keep this in mind as we debate whether the housing market has gone off the deep end. But with a new Liberal government aiming to improve the position of the middle class, let’s also recognize that housing in some cities is slipping out of reach for this segment of the population.
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