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  • @Routhinator I think that makes lots of sense in some housing markets but not others. Maybe a few years ago with lower interest rates. Today, buying a home anywhere close to any job I could have costs 2x more than renting where I am, and property tax and renovation and house upkeep is also unreasonable. If the market changes again the math might work better

    @skinnylatte I do have the good fortune of working for a silcon valley company that treats all of Canada as the same payscale, unlike the situation in the US.

    There is risk. I was interviewed by Equinix and they wanted to pay me 1/3rd of what I make now for the same role. The salary they claimed I qualified for in Campbell River wouldn't be possible to survive on with today's cost of living and seemed to be aligned to numbers from 2000ish. In 2026, the only difference in cost of living between a major city and a small one in Canada is the rent and value of homes. Food, hydro, all other services are the same. And the rent doesn't scale down much. A 1 bedroom apartment in Campbell River is about 10% cheaper than one in Vancouver, while companies apparently think that means I can live on 60% less.

    I just avoid companies with outdated thinking where possible.

    The salary Equinix was pitching for someone from Campbell River in my role was less than what my brother makes doing unskilled labor at a local fish plant.

  • 2 bedrooms in the city is 4.5k in rent or double that in mortgage. Childcare is 4K. Yeah, take that nice big annual salary, shave off 33% in taxes, deduct rent or mortgage and childcare and see if that works.

    (There are cheaper rent controlled 2BR apts. maybe 3.6? But they would be much older)

    That’s why people aren’t having kids. At any salary range.

    @skinnylatte

    Yeah I get so frustrated when people rant about how mortgages are cheaper than rent

    It really depends on where you live

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