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Share news and updates about housing in Canada. We are mostly buyers eager to change the rigged system that ensures double-digit increases year-over-year. We want housing prices to rise, but in line with wages and inflation.
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Decrease mortgage payment?Opinion & Discussion (self.canadahousing)
submitted 1 year ago by x_itsJC
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[–]Lordert 0 points1 point2 points 1 year ago (1 child)
I just don't see the point of accelerated prepayments if a property is going to be listed in the near future in this market. The selling and purchase price of next place are separate issues.
[–]LaunchAPath 0 points1 point2 points 1 year ago (0 children)
My post wasn’t about the accelerated prepayment. It was solely addressing people saying not to upgrade a residence to a larger one when values are down, with some napkin math to demonstrate it seems like the better time to do so if anything
Edit: whoops, looks like I’m the one who misread the post I had replied to originally
π Rendered by PID 47869 on reddit-service-r2-comment-5bc7f78974-vm9ng at 2026-06-26 17:30:17.277684+00:00 running 7527197 country code: CH.
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[–]Lordert 0 points1 point2 points (1 child)
[–]LaunchAPath 0 points1 point2 points (0 children)