How much do I need to make, in order to afford a 500k home in Vancouver?
Quick intro: bachelor in psychology, unemployed last couple of years, live in Vancouver, planning my future and considering what kind of work/education I need given my values/goals.
Anyhow, I can't find any good info on this, but given that I want to own a house and start a family at some point, I want to calculate what kind of money I need to make so I can become a homeowner. I think a two-bedroom house is good though three bedrooms is ideal. The houses/condos I have seen in the past, located in safe, decent neighborhoods, were between 300k-700k. Obviously there are additional charges, taxes, fees, etc, and then money put aside to maintain the house.
So, what kind of money do I need to make?