No one is taking account the demographic that are likely to move to Toronto.
If you have a partner or significant other, it's not worth relocating to Toronto. Tech job's salaries are already considered extremely high here, but the majority of other jobs don't come close outside a few industries such as medical. Not to mention, non-tech industries are not booming like the tech industry, so even finding a decent job is a challenge.
Therefore, the demographic of people that would even consider relocation to Toronto are singles. After I graduated college and moved downtown from Etobicoke, I have so much more free time to actually live life. That 2 hours of commuting is extremely valuable, and this is coming from someone who was born and raised in Toronto. If you're a newcomer and single living outside of downtown or at a distance from work, commuting 1 hour to work, then working for 8 hours, and finally commuting 1 hour back - that's already 10 hours gone from your day. Factor in daily tasks and you're left with very little time in the week to find friends or socialize.
If you have a partner or significant other, it's not worth relocating to Toronto. Tech job's salaries are already considered extremely high here, but the majority of other jobs don't come close outside a few industries such as medical. Not to mention, non-tech industries are not booming like the tech industry, so even finding a decent job is a challenge.
Therefore, the demographic of people that would even consider relocation to Toronto are singles. After I graduated college and moved downtown from Etobicoke, I have so much more free time to actually live life. That 2 hours of commuting is extremely valuable, and this is coming from someone who was born and raised in Toronto. If you're a newcomer and single living outside of downtown or at a distance from work, commuting 1 hour to work, then working for 8 hours, and finally commuting 1 hour back - that's already 10 hours gone from your day. Factor in daily tasks and you're left with very little time in the week to find friends or socialize.