Median Home Price divided by GDP Per Capita in the US and Canada [OC]

Posted by Smacpats111111

10 comments
  1. “Lower is better”?

    “Better” is subjective. For owners of multiple homes with no kids, the prices in British Columbia are pretty awesome.

  2. Yes, Canada is as bad as you’ve read. Our country has been gutted in the last 10 years.

  3. Dude is consistently creating the worst charts/maps on reddit.

    He’s even been told this repeatedly.

    Yet here we are again.

  4. Interesting, I was curious about the territories as well, so I found a [northern housing report](https://assets.cmhc-schl.gc.ca/sites/cmhc/professional/housing-markets-data-and-research/market-reports/northern-housing-report/northern-housing-report-2021-en.pdf?rev=440c2655-d25a-41c2-a107-295f632c9750) to calculate them. Unfortunately not raw data and they only give the mean for NWT and Yukon, not median. It’s also more focused on the territorial capitals. But the mean home prices divided by GDP per capita for the territorial capitals are:

    NWT: 3.96

    Yukon: 5.93

    Nunavut: 4.62

    Also a bit skewed because the GDP per capita is based on the territorial figure, not just the capitals.

  5. It would be worth clarifying you’ve used the state/province GSP per capita, it’s a lot more closely related to the costs of people who live there than the national average (GDP per capita)

  6. Doesn’t account for taxes otherwise Illinois and Texas and most other states would be dark af

  7. Way to go Canada, our first and third biggest provinces have housing prices worse than California, and our second biggest province is on par with California.

  8. Completely irrelevant to people. Comparing it to median income says something. This doesn’t really say much.

  9. Statewide is a little course and not super informative. All I really see here is that Vancouver is crazy expensive.

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