41000
“White flight”, or Gentrification. Same thing. Some will argue it’s a good thing, some not.
That is definitely starting to occur. Myself, given preexisting issues. I expect it to be a whole lot of bad, with just limited good. At its simplest most people befitting are either blind to the downsides, or don’t care.
Me me me, and that is a long established trait of the GTA and it’s denizens.
Why should companies big or small, continue to pay people GTA salaries when those same employees are savings thousands, not taking the Go train, buying lunches, and don’t need wardrobes full of business attire....my aren’t we entitled
And let’s not forget that the less money people make, the less there is to spend (gdp) and the less for taxes.
And the reality is, there are people all over Canada and the world capable, of doing the same job, for far less.
GTA med duo 80k
PTBO med duo 57k
GTA single avg 97k
My company was progressive. I was a “book runner”, trader. And able to work from since y2k and our company took disaster recovery planning seriously. We also had plans, for people to work out of Montreal, New York in the event of a 9/11 type event.
What will the landscape look in 3-5 years? Very different, that much is sure. And, those “benefitting” today. Well sunny days don’t last forever. A lot of people just assume the status quo is granted.