Making It | What It Costs To Live in Toronto

Added by Rich in News videos
4 Views

Thanks! Share it with your friends!

URL

You disliked this video. Thanks for the feedback!

Sorry, only registred users can create playlists.
URL


Description

Canada is often lauded for its healthcare system but if you’re trying to buy a place in Toronto, the housing market can be daunting. Home prices jumped by 33.2% in March 2017 from March 2016. Beyond real estate costs, how are Torontonians keeping up? We spent a day with Toronto native, Jalisa Luces-Mendes, a part-time researcher and fashion line owner.

Coming from a family involved in real estate, Jalisa dreamt of owning a home by the age of 26 which she says is now not attainable. She added, “I still can’t afford to live in my own family’s property.”

According to the Economist's latest Cost of Living Index, Toronto ranks 86th out of 133 major cities surveyed however the index doesn’t account for housing costs.

Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News

Check out VICE News for more: http://vicenews.com

Follow VICE News here:
Facebook: https://www.facebook.com/vicenews
Twitter: https://twitter.com/vicenews
Tumblr: http://vicenews.tumblr.com/
Instagram: http://instagram.com/vicenews
More videos from the VICE network: https://www.fb.com/vicevideo

Commenting disabled.