Why I Should Buy: Debunked

Just recently I received an article to read written in the Globe and Mail about why I should buy a house rather than rent. Of course I knew this was a ruse because I’ve written many times how, in cities like Toronto or Vancouver, renting is much more affordable and financially responsible than buying. If…

Is Not Buying A House Seen As Pessimistic?

When I talk to most people, they all wonder what’s wrong with me. “What aren’t you buying a house?” “Why are you paying someone else’s mortgage?” Those are all common questions that I have to answer all the time. It’s bad enough that I’m not following what the majority of Canadians are doing, since over…

Are Houses Getting Too Expensive?

Recently there have been many press releases coming from big name CEOs at the Canadian banks and the Bank of Canada stating that housing prices in the two hottest cities, Vancouver and Toronto, have become unsustainable. But are their words actually true? If they were too expensive then why are people still able to buy…

Why A Home Will Never Be My Best Investment

One of the things that I learned from the previous generation is just how much a home can appreciate over the 25 years that you might own it. It’s not uncommon to know a few┬árelatives who bought their homes for a little over $250K and yet their homes can now sell for almost a million…