The Shocking Investment Truth No One Told You About

“Buy a house. It’s the best investment”. “The banks are crooks, they only benefit the rich”. Common words spoken by common people. Those are the popular phrases that have been drilled into our heads for as long as I can remember. It’s also been reiterated by man real estate agents and moms across the world…

Your $800K House Costs More Than You Think

Five years ago Canadians, particularly those in Toronto and Vancouver, went on a buying spree for homes. Interest rates were dirt cheap at 2% and homes could be bought with a 5% down payment and 25 year amortization. Heck, if your household income was around $80K to $90K, you’d qualify for buying a house. Fast…

How To Save Like A Homeowner While Renting

There’s a very well known saying that goes around a lot “Why pay someone else’s mortgage? Renting is throwing money away.” Wait a second there. It’s completely true that renting is just throwing your money out the window, but in expensive cities like Vancouver, Toronto, New York and San Francisco, renting might be the only…

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…