My dad found his old offer letter for a house in Scarborough from 1989

He paid $112,000 for a three bedroom semi, and the realtor's note just said 'welcome home'. I was looking at listings for the same area today and the cheapest thing is over a million. How do you even start to explain that gap to someone who wasn't there?

2 comments

2 Comments

hill.jade3d ago

My uncle bought a place in Etobicoke for less than that in 1991. Adjusted for inflation, that's about 250k today. The rest is just what people will pay now.

wright.finley3d ago

Man, my savings account is a joke compared to that.