It takes 42.2 years to save a down payment for a home in Toronto. 11 years in Ontario. Imagine saving 42 years to buy 20% of a home. 10 years ago it took 10 and 4.2 years.image
Mortgages are just a way to make the rich richer by letting them borrow cheaply from the lower and middle-class They are excellent for banks and investors but they're terrible for everyone else If you don't agree with this, explain why younger generations can't afford a home