Young people paying 'astronomically living expenses': insolvency trustee - BNN Bloomberg
www.bnnbloomberg.ca
Following reports that younger Canadians are willing to make sacrifices to own a home, insolvency trustees say many should consider renting instead.
  • Avid Amoeba@lemmy.ca
    31·
    8 months ago

    You can’t buy a house in the GTA for 700K. You’re buying a 2 or 3-bedroom condo for that much today. Check the maintenance fees for such units in the GTA. I don’t think you’d see much under $600 for a 2-bed and often without hydro/water/heat in it.