A few people rushing to beat the Bank of Canada rate increase next month.Posted by Tony on Thursday, September 20th, 2018 at 8:04pm
IMO prices of real estate including lower end condos should start movin up. Since 2007 the wage has almost doubled here effective October and prices still haven’t recovered to those heights. It’s hard to believe. Affordability is quite good for any Condo sub $175k and I’m surprised there are still many available.Posted by Curtis on Thursday, September 20th, 2018 at 10:06pm
"Since 2007 the wage has almost doubled" ... are you wacko, I made twice as much in 2007 then I do nowPosted by arfmoocat on Friday, September 21st, 2018 at 2:41am
You need a new job then. You should get an increase of at least 2% to 3% annually in salary.Posted by Tom on Friday, September 21st, 2018 at 3:50am
I stand corrected, minimum wage has since almost doubled. still the average is a 40% increase for everyone else. And price of apartment and rent has actually moved down in some cases.Posted by Curtis on Friday, September 21st, 2018 at 8:23pm
An analysis of historical data from Statistics Canada, meanwhile, found that minimum wage and the average hourly wage have remained, more or less, unchanged since the 1970s
Curtis , are you trying to push your condo ? The average weekly earnings in Alberta changed from 850 in 2007 to 1154 in 2018 . You can find it on government dashboard . Is it looks like double for you ? Don't embarrass yourself,Posted by Andrii on Saturday, September 22nd, 2018 at 5:38am
Globalization caused depression of salary and inflation of housing price. The first is purposely down, the second is the consequence.Posted by Sharon Zhou on Saturday, September 22nd, 2018 at 5:44am
Globalization caused depression of salary and inflation of housing price. The first is purposely done, the second is the consequence.Posted by Sharon Zhou on Saturday, September 22nd, 2018 at 5:45am
Wages doubled since 2007?
Where are you living?
With cost of living adjustment, wages have gone down for middle class.
Only rich 5% have gotten richer, and their wages and incomes more than doubled. Fact.
And conservatives make sure they give tax breaks to those 5%
Umm good luck with that Curtis. I'm sure if you are buying you'll be popular. If you are selling maybe not so popular.Posted by Strat on Monday, September 24th, 2018 at 3:10am
Just a note... avg hourly wage is not the best measure of earnings growth as the amount of income earned on top of the hourly wage has grown a lot. 20% of my earnings are benefits.Posted by Greg on Wednesday, September 26th, 2018 at 5:41am