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    Saving for mortgage vs leaving Canada

    @ahappycamper Ahhh couldn’t drop the immigration thing, thanks that tells me a lot. I’m not sure what betterdwelling.com did to ‘rebase’ their data but they have skewed that chart huge, go look at the actual OECD data: https://data.oecd.org/price/housing-prices.htm the G7 countries charts all...
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    Saving for mortgage vs leaving Canada

    @ahappycamper DJ I agree housing is expensive in Canada, and supply is the issue. Immigration is not, but I think we should agree to leave it aside for now as that one gets complicated. I agree that 125k is a high salary for one person, but with a two person household that is only 62.5k per...
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    Saving for mortgage vs leaving Canada

    @cankosker You will find two things, from a housing cost perspective: expensive countries that will allow you to buy real estate and less expensive countries with protected real estate markets. Places that people want to live are expensive because, well, people want to live there.
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    Saving for mortgage vs leaving Canada

    @cankosker My dude you keep talking about a housing crash that isn’t coming. Most people aren’t underwater on their houses, and banks have become much more sophisticated at working with clients to avoid defaults. Have you seen the number of defaults in Canada? It’s near 0. Well over 60% of...
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