this post was submitted on 09 May 2025
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Microblog Memes

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[–] [email protected] 21 points 14 hours ago (1 children)

Jesus in today money that's 60k for a house. For a nice hours our parents bought

[–] [email protected] 5 points 6 hours ago

A quick way of estimating annual wage for a full-time position is to take hourly, double it, then move the decimal point to the right by three spots.

So for example, the BC minimum wage is $17.40. Double that is $34.80. Annually in a full-time job, that’s about $34,800 before taxes.

And 4× that is $139,200. Current median SFH prices for used homes sit at just under $1M in my podunk tourist town. All detached SFH, $1,200,000. New construction, $1,500,000.

I mean, really - who under 50 can actually afford those prices without intergenerational wealth to give them a leg up in life?