Getting squeezed by high house prices? Why not head for the suburbs? Given the steep run-up in downtown house prices, particularly in Toronto, Vancouver and Calgary, many Canadians are looking to the suburbs – and increasingly the outer suburbs – in their search for affordable housing. However, you will need to consider that living in the suburbs often means owning two cars and commuting farther to work, which can eat into the savings afforded by the smaller mortgage. theglobeandmail/globe-investor/personal-finance/mortgages/one-way-to-deal-with-high-house-prices-head-for-the-suburbs/article20941609/
Posted on: Thu, 13 Nov 2014 19:45:10 +0000
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