$22/hr is average wage needed to afford a two-bedroom apartment in Canada: report

[Ryan Strome]

I'm thinking something has to give. Homelessness will only rise and children will be growing up in likely not the most ideal atmosphere. 

 

If you earn minimum wage and live in Vancouver, you would need to work 112 hours a week to afford a decent two-bedroom apartment, a new study says.

 

“The rental wage across the country is $22 an hour for a two-bedroom or $20 an hour for a one-bedroom,” report author and economist David Macdonald said Wednesday.

 

“But it’s much more in big cities like Vancouver and Toronto.” 

 

https://globalnews.ca/news/5510783/minimum-wage-renting-canada/

[Bure_Pavel]

2 minutes ago, Ryan Strome said:

I'm thinking something has to give. Homelessness will only rise and children will be growing up in likely not the most ideal atmosphere. 

 

If you earn minimum wage and live in Vancouver, you would need to work 112 hours a week to afford a decent two-bedroom apartment, a new study says.

 

“The rental wage across the country is $22 an hour for a two-bedroom or $20 an hour for a one-bedroom,” report author and economist David Macdonald said Wednesday.

 

“But it’s much more in big cities like Vancouver and Toronto.” 

 

https://globalnews.ca/news/5510783/minimum-wage-renting-canada/

There are afforable places to rent in Canada, and if you get a room mate thats only $11/hour well below the minimum wage.  

[NewbieCanuckFan]

Or get a roommate and split the costs.

[CaptKirk888]

What if you already have a roommate (wife), and 2 other dependants (kids)?

[Nuxfanabroad]

Or live in a forest & eat freeken berries?! Workin' class poverty is no joke, & it'll reduce life to a Hellish grind, in most cases.

 

It's difficult when one compares such standards to those of decades (perhaps long?) past.

 

While 99% of us will have to tighten our belts, the elites will carry on like Auston Matthews!

[BrockBoester]

Good thing the minimum wage is like 12 or 13 bucks then eh lol

 

Oh well I make at least 22.01 an hour so I'm livin large, boys

[Bure_Pavel]

2 minutes ago, CaptKirk888 said:

What if you already have a roommate (wife), and 2 other dependants (kids)?

Then get a job that pays $22/hour or make your wife get a job too. 

[JM_]

pretty good argument to raise min wage to $20/hr isn't it? 

 

We can actually have affordable housing in Canada, but our 3 level of gov't aren't doing nearly enough about it. There is more than enough municipal, provincial and federal land available to build 100s of thousands of affordable co-op units, but very little is happening. Its a model thats worked in many places (the development in false creek in Vancouver in the 1980s is a good example).

[Tortorella's Rant]

10 minutes ago, NewbieCanuckFan said:

Or get a roommate and split the costs.

Shouldn't have to do this. Or move across the country where jobs may be less and you have no friends or family. 

[Bure_Pavel]

1 minute ago, Jimmy McGill said:

pretty good argument to raise min wage to $20/hr isn't it? 

 

We can actually have affordable housing in Canada, but our 3 level of gov't aren't doing nearly enough about it. There is more than enough municipal, provincial and federal land available to build 100s of thousands of affordable co-op units, but very little is happening. Its a model thats worked in many places (the development in false creek in Vancouver in the 1980s is a good example).

No thats not how economics works, that just raises the cost of living as well and solves nothing. Need more job creation, people should think about that before they prioritize climate change over a strong economy.  

[riffraff]

4 minutes ago, Jimmy McGill said:

pretty good argument to raise min wage to $20/hr isn't it? 

 

We can actually have affordable housing in Canada, but our 3 level of gov't aren't doing nearly enough about it. There is more than enough municipal, provincial and federal land available to build 100s of thousands of affordable co-op units, but very little is happening. Its a model thats worked in many places (the development in false creek in Vancouver in the 1980s is a good example).

If I have to pay 20$ for a totally unskilled newb I’ll just not hire.

[kingofsurrey]

4 minutes ago, Bure_Pavel said:

Then get a job that pays $22/hour or make your wife get a job too. 

Vancouver is hooped...

 

No way they can attract / hire / retain long term  firemen, teachers or nurses....   as they will never be able to own real estate in that city...

 

[kingofsurrey]

1 minute ago, riffraff said:

If I have to pay 20$ for a totally unskilled newb I’ll just not hire.

Any business if well managed can afford to pay 20 per hour ......

[kingofsurrey]

2 minutes ago, Bure_Pavel said:

No thats not how economics works, that just raises the cost of living as well and solves nothing. Need more job creation, people should think about that before they prioritize climate change over a strong economy.  

OK Boomer.....

[D-Money]

5 minutes ago, Tortorella's Rant said:

Shouldn't have to do this. Or move across the country where jobs may be less and you have no friends or family. 

Wait, what? If you don't have a good job, why should you have some sort of "right" to not have a roommate?

 

I know people who have gone to live in London as young adults. They had to have multiple roommates in smaller accommodations to make it work.

Edited November 19, 2019 by D-Money

[xereau]

 

2 minutes ago, Jimmy McGill said:

pretty good argument to raise min wage to $20/hr isn't it? 

 

We can actually have affordable housing in Canada, but our 3 level of gov't aren't doing nearly enough about it. There is more than enough municipal, provincial and federal land available to build 100s of thousands of affordable co-op units, but very little is happening. Its a model thats worked in many places (the development in false creek in Vancouver in the 1980s is a good example).

Nope, because that's nothing more than a bandaid fix.

 

Say a 22 dollar guaranteed minimum wage is legislated.

 

Inflation will absolutely skyrocket, and $22 will be the current equivalent in just a few years.

 

What then? 44 bucks an hour? Then 100? This is how countries die.

 

Canada's fiat banking, and its inflationary/deflationary system by where they turn pixels on a screen (hypothetical wealth called a loan, which quite literally comes from nowhere), into real estate (actual hard asset), is both disgusting and predatory.

 

Look into who owns stocks from the Bank of Canada.  It, like the US Federal Reserve Bank, is a privately owned for profit enterprise, and has nothign to do with the Canadian citizens it allegedly serves heheh.

Hint: not many Canadians own stock.

[inane]

5 minutes ago, Bure_Pavel said:

No thats not how economics works, that just raises the cost of living as well and solves nothing. Need more job creation, people should think about that before they prioritize climate change over a strong economy.  

lol

[Mike Vanderhoek]

3 minutes ago, Bure_Pavel said:

No thats not how economics works, that just raises the cost of living as well and solves nothing. Need more job creation, people should think about that before they prioritize climate change over a strong economy.  

Actually there is quite an upsurge in job and career creation in alternative energies as well as new innovative technologies in everything from the auto industry to farming that are tailored to a shift away from how we do things now. It just requires people accepting and investing their time into moving ahead with these jobs etc. Its there, point being climate change is being invested into and it is creating more opportunity.

[brownky]

Include Vancouver and Toronto in those, you find the averages are skewed high.

 

I get a kick out of the "I have a right to a home" crowd. Because I'd agree with the idea. But not with their idea. See, there are plenty of homes and availability (and menial work that can afford such a life) in rural areas. But no, "They have the right" - to live in downtown Vancouver. In their mind. On minimum wage.

 

I want an Okanagan lakefront estate. But it ain't happening. Just because a place exists doesn't mean people "have the automatic right" to live there.

 

That whole pesky supply and demand thing... lots of people doing low level work means the wages are low, meanwhile lots of people looking to live in that place with said work means rents are high.

 

It's a lovely city that is a terrible place to live. I got out early, live where a 4/2 freehold house is $300k, and the job pays more than it would in Vancouver. I'm wanting for nothing aside from the odd concert or sporting event... which I actually think I have more fun without because I can crash a friends' place (or invite them over, because I have more than a shoebox) and we can watch it on TV without Rogers staff creeping up to ask you to refrain from talking in the library.

[riffraff]

7 minutes ago, kingofsurrey said:

Any business if well managed can afford to pay 20 per hour ......

Have you run a business?

Edited November 19, 2019 by riffraff