How to get into the housing market if you're gen Z or millennial

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Average Toronto home price in 2021: $1,095,336 First, to figure out how to achieve your goal of affording a house, you’ll have to know where you are starting from. .

If that number is far from your goal of owning a property, here are some strategies you can try if you can’t afford the housing market:Saving more money is low-hanging fruit and a step you can take immediately. Budget carefully, and see what areas you might be able to save more on.

Or, you might not have to cut back on anything but just save for a longer period of time. If there is no wiggle room for saving for you at all, you’ll have to try another one of the strategies below.This strategy will be a bit tougher, but with the goal of owning a home as a motivator, you can focus on making more money and saving for that down payment. Maybe there is a company switch you can make that pays a higher salary, or a promotion in your current job that you can aim for.

 

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Too late.. or wait for the crash

Move to Thailand.

Vote conservative in the next election if you ever want to get ahead. Vote Liv/NDP if you want to be controlled for ever.

So the tips you just offered is save, save, and save. Lol

Why are these kids always whining? Get a roommate, don't they know this is a covid crisis? And now monkeypox? Think of the children in Biafra.

Sit back wait for 2030 when Canada is a full communist country and you will be given a house to live in but it won't be yours cuz you will own nothing and be happy

The four strategies in this article made me laugh so hard that I woke up my dog 2 floors below

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Posthaste: Canada's housing market headed for 'historic correction,' says RBCICYMI: Canada's housing market headed for 'historic correction,' says RBC via financialpost Canada housingmarket financialpost Thanks I always turn to the Citizen for articles from last month. financialpost Good
Source: OttawaCitizen - 🏆 21. / 68 Read more »

Prices are falling but rents are rising in Canada's paradoxical housing marketAn unintended consequence of falling prices is the increased pressure on rental housing, write Murtaza Haider and Stephen Moranis. Read on You need to do more research work on this article. Look at the inflation input variables. Its pretty sad Canada has gotten so bad that the slaves who build the condos couldn't in their wildest dreams ever afford to live in one!
Source: financialpost - 🏆 7. / 85 Read more »

LACKIE: Housing market taking a beating thanks to rising interest ratesMarket stats for July were released last week and it should come as no surprise they are pretty abysmal. If by taking a beating you mean sellers are less able to fleece prospective buyers because they have priced themselves out of the market, I agree. Hopefully all Liberals will lose everything. Investment in housing is crumbling and prices for everything is rising. The interest rates are not helping anyone but the banks.
Source: TheTorontoSun - 🏆 23. / 68 Read more »