Compare real estate prices in Serbia and Canada: Find out how long you need to work in each country.

According to many Canadians, Canada has not been the promised land for most Europeans for a long time because of the high salaries and standard of living. Especially recently it has become much more difficult to hold a job and almost impossible to buyreal estate. A Canadian who has been living in Serbia for a long time thinks the same and compared the income and real estate prices in Serbia with Ontario in Canada on TikTok.

- In Serbia, the average annual salary is 8,500 euros, while the average cost of real estate is around 50,000 euros, which means that the average property costs 5.8 times the average annual salary. This is quite bad. It means you would need to work for about six years and not spend anything to buy a house - said this Canadian.

However, believe it or not, he claims that the situation in Canada is much worse. - In Canada, the average annual salary is 36,000 euros, while the average house costs 600,000 euros, which means you need to work 16.6 years to buy an average house - he says, adding that it was much easier for previous generations.

Many Serbs disagree with him, emphasizing that in Belgrade and Novi Sad, it is impossible to buy real estate for less than 100,000 euros. Others noted that the Canadian was talking about the price of average real estate in Serbia. - In Serbia, many houses or apartments are inherited from parents. In Canada, most residents are first or second generation, and they have nothing to inherit - concluded one of our compatriots.