Homeowners

What It Means to Be House Poor – and How to Avoid It

Posted on Mar 15, 2024 in Homeowners


You’ve got your mortgage pre-approval, and you’re shopping the market for your perfect home. If you find one that’s priced too close to your limit, you run the risk of being house-poor. Let’s look at what it is, what you can do to avoid it, and what to do if you are already house-poor.

The Costs of Owning a Home


When you begin the process of looking...

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What You Need to Know About Canada’s Vacant Home Tax

Posted on Sep 22, 2023 in Homeowners

Vacant home

Housing affordability has become a top priority for all three levels of government, with public policymakers exploring a broad array of measures to ensure more Canadians have the opportunity to purchase a single-family home, townhouse, or condominium.

Since the start of the pandemic-era housing boom, which experienced a modest correction after the B...

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