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Canadian Home Prices "Need" To Be High To Pay For Retirements: PM - Better Dwelling (betterdwelling.com)
submitted 5 months ago by lautan@lemmy.ca to c/canada@lemmy.ca
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Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a [โ€ฆ]

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[-] Routhinator@startrek.website 3 points 5 months ago

Life expectancy has been decreasing.

https://globalnews.ca/news/10116838/life-expectancy-decrease-canada-stat-can/

[-] doylio@lemmy.ca 2 points 5 months ago

There's been a slight downtick in recent years, but it's still up +10 years from 1970

https://www.macrotrends.net/global-metrics/countries/CAN/canada/life-expectancy

this post was submitted on 30 May 2024
63 points (90.9% liked)

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