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Old Posted Nov 30, 2010, 10:41 PM
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Yume-sama Yume-sama is offline
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That doesn't really mean much. If I sold my condo in Vancouver I couldn't afford a condo in New York, Paris, London, Hong Kong, or Tokyo across the board

If someone sells their house in Nowhere, Manitoba they still couldn't afford a house in Winnipeg, for the same price.

It's not particularly surprising that in South Korea, where the average person is earning $21,000, that they couldn't outright afford a condo outside of South Korea.

Similarly someone in Zimbabwe couldn't sell their hut and move to Abbotsford.

Have them move to Canada, earn the cost of living appropriate to the area (how salaries are determined), and they could very likely afford it.

That doesn't mean they can afford a luxury house, in a waterfront neighbourhood. But, nobody is outright *entitled* to that.

And you *still* couldn't afford it if they cost less, because the cost of living in the whole city would cost less, and the salaries would be less, and it'd still even out.

There's not a whole lot of economic common sense in this thread. And "it's not fair" is not a compelling argument.
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Last edited by Yume-sama; Nov 30, 2010 at 11:14 PM.
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