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07-17-2012, 02:34 PM
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#1
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one of those hopelessly disorganized people
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There's a first time for everything! :D
http://www.dailymail.co.uk/news/arti...=feeds-newsxml
Excerpt:
Americans may enjoy teasing and taunting their neighbours to the north but now the jokes on them.
For the first time in recent history, the average Canadian is richer than the average American.
The net worth of the average Canadian household in 2011 was $363,202 compared to the average American household’s $319,970 worth, according to data published in Canada's Globe and Mail last month.
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07-17-2012, 03:50 PM
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#2
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US-free Since March 2013
Join Date: Aug 2008
Location: northern Ontario, Canada
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Interesting.
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I have the cape.
I make the whoosh noises.
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07-17-2012, 03:58 PM
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#3
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fumbling around in the dark
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I'm shocked that the average on either side of the border is over $300k.
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Guard with jealous attention the public liberty. Suspect everyone who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are inevitably ruined. ~ Patrick Henry
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07-17-2012, 05:13 PM
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#4
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Searcher for Truth and a good Carpachio
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Of course its higher. They don't have Obama.
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07-19-2012, 06:43 AM
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#5
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balrog
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Quote:
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Originally Posted by flourbug
I'm shocked that the average on either side of the border is over $300k.
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That includes real estate—the family home—as an asset. The reason Canadians have pulled ahead is that their real estate market didn't crash as hard as ours did.
Also, remember how much an average (the mean) is pulled out of whack by a few high numbers; if 99 people are broke and one is a billionaire, their average net worth is $10 million. I'll bet Vancouver actually skewed the number somewhat. Median would have been a better measure.
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07-19-2012, 05:08 PM
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#6
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Senior Level 6
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Quote:
Originally Posted by dharma
Median would have been a better measure.
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But median sounds so, you know, .......average. 
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07-19-2012, 05:29 PM
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#7
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balrog
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 And mode is so mediocre?
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07-19-2012, 05:33 PM
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#8
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Senior Level 6
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Quote:
Originally Posted by dharma
And mode is so mediocre? |
That's exactly right!
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07-19-2012, 11:30 PM
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#9
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balrog
Join Date: Sep 2008
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US median net worth: $77,300 in 2010, down from $126,400 in 2007. Again, real estate.
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