Quote:
Originally Posted by EvoFire
One can just take on more debt, debt is cheap(not that I recommend that). Let's say you have a two bed in Vancouver, you can probably go to a detached in Langley for a just bit more debt if you haven't maxed out.
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My friends that just bought had to max out + put 20 - 35% downpayment, their mortgages are around $400-500k. They felt like there's nothing they can do about it if they wanted to buy at the moment within Van and Burnaby. They're also buying 2010+ condos, nor looking for the best value.
Means I gotta keep finding ways to increase income and make more money
