The sad thing is that a 'starter' home went from $80,000 five years ago here to now $200,000+. Yet salaries haven't gone from $20,000 a year to $50,000. The whole thing just makes me want to move to a hick town in the middle of nowhere with a population of 300 people (which, by the way, a home there will still fetch $45,000 these days)
That city of Saskatoon is just a two hour drive from where I live. A 56% home price increase in just one year is asinine.