The income required to buy a new home in Ottawa increased in February, according to a new report by ratehub.com.

The report notes that residents in the capital should be making $129,320 per year – as of February, 2024 – to qualify for a mortgage to purchase the average priced home. The income needed to prequalify has risen by $480 from January to February.

The average price of a home in Ottawa was $621,600 in January and $628,500 in February – an increase of $6,900, reads the report.

  • m0darn@lemmy.ca
    1·
    8 months ago

    You skipped it when you quoted what I said but left out the important bit.

    I didn’t think you calling land lords criminals was central to your point. So left it out of the quote.

    You’re making a lot of claims about land lords but I’m not convinced. Is it just like your opinion or is it based on something?