Comment by elixirnogood

I've lived in both Bay Area and Toronto. Toronto has become absurdly expensive. You can get a 3-4 bedroom modern townhouse in Dublin/Pleasanton for 850K USD. It's common for a senior software engineer to make 200-230K. You can't buy an equivalent housing in Toronto for 850K CAD. Crappy townhouses in Richmond Hill go for 900K - 1M+ and similar housing will be 1.2 - 1.4M. it's also extremely difficult to make 200K+ CAD in Toronto (senior engineers make ~140K). A relative of mine does mortgages so has accurate statistics on how much people make.