Episode 139: If the rent is too high, it’s time to buy
Since the year 2000, I have been helping people in Toronto and GTA find the perfect homes, condos and lofts for their needs. This includes buying, selling and many, many rentals. Back then, $1000 a month went a long way. Fast forward to today and its a much different story. Fact: 59 per cent of all renter households spend 30 per cent or more of their income on housing via the RentalHousingIndex. Renting is NOT your only option. If you have paid a landlord over $20,000, you CAN put a deposit together. You just need to time it out. You may not know how and that's where I can lend a hand. This is about YOUR future and that of your family and loved ones. The right multi family home bought NOW can be the difference between a great life or one of struggle over the next 2 decades. Rent will not get lower. Your mortgage payments over time do reduce until eventually you are only paying property taxes and maintenance costs. Lets connect and work on your 5-10 year success plan before 2020 begins. Your future is decided NOW.
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