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6793026 · 02-15-2016, 08:32 AM

I would stay away from Calgary. Think future and what does it mean:

1) In 5 years, will you still have the job? eg// laid off OR jump ship to bigger opportunities.
2) Yes you could buy a place, if you don't plan on keeping it for 5-8 yrs, you'll most likely really break even: lawyer fee, realtor fee, etc. (Unlike Vancouver market, unless you have land then yes pricing will go up but if it's a 30+ yr old apartment, you might only breaking even.)

# 1 is key. Friends come and go and you can always buy a new place anywhere. It's where the job opportunities are, and potential to leap to something better and Toronto is the place to be to take a risk.

02-15-2016, 08:32 AM	#16
6793026 RS.net, helping ugly ppl have sex since 2001 Join Date: Apr 2004 Location: GTA, BC, HK Posts: 8,399 Thanked 2,939 Times in 1,287 Posts Failed 171 Times in 78 Posts	I would stay away from Calgary. Think future and what does it mean: 1) In 5 years, will you still have the job? eg// laid off OR jump ship to bigger opportunities. 2) Yes you could buy a place, if you don't plan on keeping it for 5-8 yrs, you'll most likely really break even: lawyer fee, realtor fee, etc. (Unlike Vancouver market, unless you have land then yes pricing will go up but if it's a 30+ yr old apartment, you might only breaking even.) # 1 is key. Friends come and go and you can always buy a new place anywhere. It's where the job opportunities are, and potential to leap to something better and Toronto is the place to be to take a risk.