@johnefrancis@cosocial.ca @FluentInFinance@mastodon.social also feels like it has not factored in the size of house needed to raise a family in. The minimum household income for a $500k mortgage is $200k now, in Canada. $500k will get to between 2-4 bedrooms and 1-2 baths, depending on how close to services and city centres you are, and how much of a fixer upper the house is.