Buckle up as we’re in for a ride. Thankfully this will only impact those who bought in the last 5~ years. Pricing before then was much more reasonable and should be able to absorbed.
Yup. I bought during the slight slump in 2019 and intentionally cheaper than I could afford so I’m still alright. Some folks I know bought at the peak 21-22 and spent all they got on mortgages under 1.5%. I don’t dare ask how they’re doing.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !canada@lemmy.ca
Buckle up as we’re in for a ride. Thankfully this will only impact those who bought in the last 5~ years. Pricing before then was much more reasonable and should be able to absorbed.
Yup. I bought during the slight slump in 2019 and intentionally cheaper than I could afford so I’m still alright. Some folks I know bought at the peak 21-22 and spent all they got on mortgages under 1.5%. I don’t dare ask how they’re doing.