Hello from Manitoba:
How do you afford to live in the Lower Mainland? I'm a full time teacher here and 1/4 of my net income goes to put a roof over my head (mortgage, fees, interest, heat/water, insurance).
How do people working normal jobs like teachers, nurses, clerks, mechanics, tellers, etc afford to live? I've read that rents are $2000+ a month and shack in Whalley is $750,000...my math says that a mortgage on that would be $3000 a month. If a roof over your head takes up 65% of your net income, how do you eat, drive, save for the future, and live?
Does everyone in the Lower Mainland make a minimum of $150,000 a year? What am I missing?