The Perils of Being House Poor

The Perils of Being House PoorYounger homebuyers don’t want to max out on their mortgage payments, according to a recent TD survey. Could it be that Gen Xers have learned a few lessons from older home owners who qualify as house poor? The survey found that Gen X Canadians overwhelmingly consider themselves “house plus” buyers who want enough flexibility in the budget to afford things like travel after their monthly payments. Just 14 per cent…

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