With affordability falling, is it time to rethink home ownership?
Vishal Joshi still dreams of owning a home in Canada, but falling affordability has him considering other options. "The radius of where we're looking for a house keeps getting bigger and bigger," he says. As house prices and interest rates rise and wages stay stagnant, a university professor says it might be time to rethink home ownership and consider other options.
Vishal Joshi still dreams of owning a home in Canada, but falling affordability has him considering other options. "The radius of where we're looking for a house keeps getting bigger and bigger," he says. As house prices and interest rates rise and wages stay stagnant, a university professor says it might be time to rethink home ownership and consider other options.