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I'm not saying that, just bringing up unintended consequences. I dislike Universal income for lots of reasons but there may need to be some level of it implemented. Maybe something like supplementing people that are on low fixed incomes to index their income to minimum wage? At least then they stay the same poor instead of constantly being pushed backwards.
$14.35/hr. It was raised by $0.10/hr just a short time ago.
Living wage, like middle class is an illusion that people use to make up them vs us arguments. Unless all needs can be met for all people with no limits on supply, you cant have a living wage for all.
Whats the point of working
Also less bad than the alternative. For many people, it is about the struggle to try to move up your percentile rank either through hard work, good decisions or blind luck. While that isn't everything that matters in life, unless you are an idiot (or have mental health issues), higher percentile rank very often makes your life easier and improves your happiness.
To not be on the street?Whats the point of working
Housing wait list is long like decades long. Something like TPH could be it's own thread of disfunction. Part of their stock includes houses like five bedroom detached in high park for one family. F that. Gov't should help you out with a safe place to live. If you want five bedrooms, that's on your dime. Distributed social housing makes sense (eg. 5% of units in all new condo buildings) as the social housing development has been a failed model but selling the huge single family homes would free up a lot of capital (and remove a lot of expenses) to allow many smaller units to be brought online.
Ya but those families deserve that 5 bedroom home so they can live ‘normal’ lives.
For a very long time. Champion of the people my ass.
The average GTA wage isnt anywhere near $134K. Only about 1 in 10 people in the GTA make that. Median household income is around $85K
Average may be 134. It gets distorted by quite a few people making orders of magnitude above median. Drake reportedly made 45M in 2020. He alone pulls up the average by $15. Obviously he is pretty high but there are lots higher and many many many in the 200 plus range.
It still isnt anywhere near $134K. How many minimum wage workers are there in the city for every person that makes $200K?
| EXPERIENCE | ANNUAL SALARY |
|---|---|
| Less than 3 years | C$34,800 |
| More than 3 years | C$106,000 |
| More than 6 years | C$476,000 |
I concur that website is garbage. It appears to be written either by a computer and a random number generator or a very ESL person picking numbers out of a hat.
Yes, If I had to estimate I would say there are approx 2 incomes for every household, putting average income somewhere between $55-70K. Most renters are single income per household, confirming the 50% decline for renters vs owners.
I don't know if most renters are single income or if they are double income making minimum wage or a little more.
I would guess there was a huge jump in the number of dual income renters in the past several years. Its only going to get worse going forward.
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