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Re:Priced out of home ownership – 'It makes me want to throw... by renjimen on Monday May 27, 2024 @06:47PM (#40495508)
Maybe for your location, but not in Canada. I live in a rural town in Canada that is several hours of travel away from any big city. You will typically pay at least $1200 USD a month for rent. A mortgage for a cheap house will cost around $2000 USD a month. For reference, minimum wage after tax is around $1700 USD. Home ownership here is simply out of reach for many people now, and even renting is a struggle.

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