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Thank God. Should be significantly higher.

In answer to topics raised. Real estate in Australia is expensive because the nation is highly successful and ordinary citizens are wealthy, and this includes real estate, plus with 3 billion middle class Asian's right above Australia the Asian economy dwarfs the US economy to insignificance. Job opportunities are dictated by the fields the economy needs - oil is insignificant in Australia compared to other industries. Geographic Isolation - Thank god the rest of the world is far away, as an Australian I wish it was further away. Air fares prior to pandemic were reasonable USA to Australia around $800 return - but this guy lives in Perth so to go 4-5,000km to the east coast will be expensive - on the east coast a one way ticket to another city can be had for around $50 to $80 - Again for Australians proximity to the US market is not significant we are focused on the Asian region. Natural beauty anywhere is amazing but I prefer a warm climate over a frozen one - The Canadian population is all centered around the US/Canadian border region the rest of Canada like central Australia is vastly empty. In conclusion I find many immigrants want to move from Australia to Canada is proximity to the USA but for Australians the US market or lifestyle is not attractive or important.

... And here is why:\n1. Insanely expensive housing with next to none disposable income left in the pocket. \n2. Inability to get into the real estate market unless $$$ was brought in as an investment. This will leave locals and people who were born in Canada left out for good even further. \n3. Extremely competitive job market. Newcomers will have to suffer for a long time to break-in. \n4. Depression and drug addiction is everywhere. It's more deadly than covid but the government can't address the problem because they lose control for good. \n5. Canada is far away from many other places, which makes things worse as you feel trapped in a workcamp with no place to escape. \n6. The cost of living is getting much faster with the salaries significantly behind year after year. \n7. Canada became the country of failed government, failed multiculturalism, too tolerant as a result. \n8. Retirement in Canada will be impossible for 95% unless you agree to live in the middle of the nowhere until depression kills you. \n9. Many who came to Canada 25+ years ago and still around felt trapped. Canada's source of immigration will likely be the poorest communities who will agree to put up with everything listed above just to get out of where they live right now. \n10. Sad, but true. I have seen a steady decline in Canada since 1998. Things get worse every year.\nAmen to that. I'll be visiting Lviv in 2025 for the first time since 2000 to check on my apartment in the city centre, not far from my Alma Mater LPI. I THANK GOD every day I didn't sell it and so I have a place for retirement!