Business Report: Affording a home in Toronto – YouTube

Business Report: Affording a home in Toronto



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  • Video Views: 8395
  • Published On: 2022-05-12 03:10:00
  • Video Published/Author: CityNews
  • Video Duration: 00:03:28
  • Source: Watch on YouTube


How big a salary do you need in order to buy a home in Toronto? Plus, Apple is discontinuing a product that used to be a top seller. Richard Southern has the day’s top business stories.

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21 comments
  1. We have enemy nation citizens living in Canada buying homes and jacking their prices up so we can't buy them. Economic warfare. China has been doing this to us for years. Look at all the house bought up by Asian and Middle Eastern and Russian real-estate agents. Y'all think that's a coincidence?

  2. what about the affordable home purchase programs? i recall few years ago there were programs to buy smaller apartmemts for cheap below market rates. now im toronto and most of canada we only have developers making rentals above market rates effectively raising prices.

  3. Don't sleep on it… this is a time to invest i recently just bought another property valued at over $10m. I wish I knew the right investment firm to invest with earlier, better late than never thought

  4. There is an entire rest of the country that isn't Ontario. Expecting Toronto, and Ottawa to be affordable is ignorant. Both are filled with inflated govt services/employees with inflated salaries, and are the city centers of Canada. People should be developing the East Coast or the middle of the country. You don't HAVE to be in Ontario.
    I've sold my house here for a nice profit and I'll be leaving as soon as cross province travel isn't discriminatory.

  5. …where can I find a good job/career w/ $90K+/yr salary?…everywhere I turn, they wanna offer starving wage w/ extensive experience. I don’t get it…when a decent shack cost a fortune, the pay just can’t be matched 🤷….so sad.

  6. The city of Toronto has long been an expensive place to live. What's changing is that the outlying areas of the GTA where you once could find something affordable are now selling for Toronto prices.

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