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[suprf1y]

Originally Posted by myfirstyota

The world has changed...

And stayed the same.

In the 80's we were living in Burlington, so not really a pricey area compared to a lot of the GTA, and went through exactly the same thing. It crashed, came down, then wages increased and it became affordable again.

Then the cycle started all over... just like it will again, and again

I don't regret moving out to the sticks - you may have figured that out
In fact, I would say it was one of the smartest moves we ever made.
My commute was either 40 or 60 minutes each way, which I never minded, and the move allowed me to do things for my family that I would have never been able to otherwise do.
Everything is cheaper up here. Homes, taxes, gas, even minor hockey was half the price of the GTA at the time, and the lower costs created opportunities that we would not have previously had. As a result, we have a large property with a big shop, and were mortgage free in our 40's.

I guess it all depends on what your priorities are, but you're not stuck in the GTA, living there is a choice.

[tmontague]

Originally Posted by suprf1y

And stayed the same.

In the 80's we were living in Burlington, so not really a pricey area compared to a lot of the GTA, and went through exactly the same thing. It crashed, came down, then wages increased and it became affordable again.

Then the cycle started all over... just like it will again, and again

I don't regret moving out to the sticks - you may have figured that out
In fact, I would say it was one of the smartest moves we ever made.
My commute was either 40 or 60 minutes each way, which I never minded, and the move allowed me to do things for my family that I would have never been able to otherwise do.
Everything is cheaper up here. Homes, taxes, gas, even minor hockey was half the price of the GTA at the time, and the lower costs created opportunities that we would not have previously had. As a result, we have a large property with a big shop, and were mortgage free in our 40's.

I guess it all depends on what your priorities are, but you're not stuck in the GTA, living there is a choice.

Very much agree. Mortgages were much lower years ago but interest was much higher. If you run the numbers at the end of the day it ends up being virtually the same as today's low interest high house cost.

Sure some.things are different, no doubt about that, but it is not nearly as different as people tend think it is. What changed is student debt as well as how much tens and students spend on various things (as well as some other factors)