Quote:
Originally Posted by Mr.HappySilp
Already did. My parents old tenants did. Sure they both take on part time and bought a house langley with their 3 kids. They made it work one parent goes work graveyard while the others work during the day time so someone is always at home. Yea they don't go out for dinners or movies but that's how life is.
If you want something bad enough you will make it work. Talk about 2 professional can't afford a place well there is a guy who paid off his mortgage in 3 years and he make it work for him by working 7 days a week. People are just too lazy and doesn't want to put the extra effort in and just want things handed to them.
https://www.cbc.ca/news/business/sea...debt-1.3402026
I love to see these so call professional expense and see where they are actually spending their money on. Or rather people have different priorities and spend their money on something that they feel is more important (Yearly vacations, mods on their cars, yearly new cell phone, change their clothing quarterly, dining out weekly, daily starbucks, weekly movies.....) some of these expense might be small but they do all up.
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To be fair. He bought the house at 425 and had a 255k mortgage left and probably had a nice interest too. He also lived in his own basement and rented out the rest. It took him 3yrs to pay it off but lets say he buys now.. will he be ok doing this for 7+ years?? when the home is worth 900 to 1 mil now with higher rates.. I mean it's good if you can do it but some would rather work and play as well as long as they are ok with the new location.