I don’t own a home, live in Alberta. Friends are all buying right now. I feel so torn. Yes, it seems like it has all the signs of a bubble, but the government and the bank of Canada are determined to keep it going.
I’m afraid this province is going to turn into Detroit and I won’t be able to sell if things go to shit.
At the same time, I’m not building any equity by renting and paying for someone else’s mortgage.
I don’t own a home, live in Alberta. Friends are all buying right now. I feel so torn. Yes, it seems like it has all the signs of a bubble, but the government and the bank of Canada are determined to keep it going.
I’m afraid this province is going to turn into Detroit and I won’t be able to sell if things go to shit.
At the same time, I’m not building any equity by renting and paying for someone else’s mortgage.
I don’t know what to do.
If the Gov decides people can no longer own property, it won't matter much anyways.
It's not like we currently fully own our property anyhow.
Dude just wait 5 years you will be better off