blue20ae

Actually, the applicant is not too far off.   The current Housing Affordability index in Vancouver for condo is around 40%.  

http://www.rbc.com/economics/market/pdf/house.pdf

blue20ae

回復 18# auyatyat


    Actually, if you make $60K p.a., you pay less than 20% tax, and the marginal tax rate is ~30% (i.e. every extra $ you earn, you pay $0.3 on income tax)



Nevertheless, it would be tight.  This is the price of living in a the city.  The bigger the city, the bigger portion of your income goes to accommodation.