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by Zachery
3596 days ago
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In some cases in some cities in Canada, and where you are living you can rent and save and be ahead compared to buying in the current market. The savings can be used to fund investments which make you more money. In TO and the surrounding areas a fully detached houses start around 750k, and in the core can be way more expensive. Average home price is heading (or is over) 1m CAD. I can get a shoe box condo (1b/studio) in the "close" burbs for mid-high 200-300k. A real house, detached that is nice, about 1.5 hours away approaches 200-300k. |
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