Quote:
Originally Posted by acottawa
The median household income in Canada is 73k. There is no way a family on a median income has the kind of lifestyle you’re describing. You’re describing the lifestyle of a professional couple with a household income in the 200k range.
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Professional middle class thinks they are the median.
More at 11.
To be fair, if your parents give you half a million in downpayment, and buy your cars that might be your lifestyle on a "median" income. I've heard from mortgage brokers in the GTA that this kind of support is not uncommon with the average parental contribution hovering around a quarter million. This is where talking about income without discussing family wealth and debt is kind of pointless. Very few people in our largest metros are playing with just their own money these days.