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Old Posted Feb 11, 2025, 8:26 PM
whatnext whatnext is offline
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Join Date: Feb 2009
Location: Vancouver
Posts: 27,500
Quote:
Originally Posted by chowhou View Post
When the city says it's targeting $90k - $194k I believe they're always talking about household income. After all it doesn't make sense to target individual people's incomes for housing, it makes sense to target the household income. If you have a couple both making under $90k you're immediately an "under $180k" household. You actually take home more than someone making $180k since the tax burden is split.
So, am I correct in interpreting that to say an individual making $85k wouldn't be the target nor would a household of two making $85k?
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