Based on 2011 Alberta statistics,
http://www.statcan.gc.ca/tables-tabl...il130j-eng.htm
the average household spent 18,300 a year, (~$1525 / month) for housing while they spent 13,465 a year, (~1120 / month) on transportation.
Is it me, or this just seems absurd! Factoring that housing includes property taxes, utilities and mortgage payments, it seems like everyone either has their house paid off or is living in a condo, while driving BMWs.
Just wondering what everyone else thinks about this ratio, spending (~73% of housing on cars).