Jun 9, 2022
In an earlier time, not too long ago, a $40,000 annual income could have been sufficient for a mortgage in a small house.
My cousin was in the military for many years. He was not earning a competivie salary, but he always had housing on the base. Small, but no commuting.
If Canadian Forces gave its soldiers and officers a raise in hopes they would find their own housing, that seems to have been a mistake.