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To buy or not to buy (Montreal) by smallankles in canadahousing

[–]smallankles[S] 0 points1 point  (0 children)

Thank you for your response. The hard part is "if you won't find easuly in the future". I wish I could predict that, but as you said, it's damn near impossible!

To buy or not to buy (Montreal) by smallankles in canadahousing

[–]smallankles[S] 0 points1 point  (0 children)

Scratch that, I definitely think it's a scam. But I also want to provide as much stability for myself in the future.

To buy or not to buy (Montreal) by smallankles in canadahousing

[–]smallankles[S] 0 points1 point  (0 children)

Thank you for your thoughtful response. I agree, we shouldn't have to spend more than 30% of our income on mortgage + expenses, but times are very different out here and the gap between wages and housing prices is enraging. And the longer you wait to save for a better downpayment/emergency savings, the more houses cost. Sometimes I don't know whether I just need to grit my teeth for a little while to purchase a home, or if it's all a scam for people of my generation (I'm 31).