Quote:
Originally Posted by RRxtar
Good read for anyone who's thinking the new budget is going to help you enter the housing market.
https://globalnews.ca/news/5076924/a...affordability/
The 2 big things, increasing the rrsp amount from 25 to 35k. How many of you have 35k on rrsps?
More importably the second part where they are helping with a small loan on the purchase. You only qualify with a household income less than 120,000, and the price of the home can't exceed 4 times your gross income. How many people with a household income under 120k are even close to being in the market, but secondly, how many homes in Vancouver selling for under $480k? |
You know what will help?
Rob Carricks Money Guide on Globe and Mail. Because I get a tax credit for the G&M subscription that I just signed up for.
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