02.05.2013 - Canada: The real cost of home ownership
The suckerís analysis of whether itís affordable to buy a first home is to compare the cost of rent and a mortgage payment. Any veteran homeowner can tell you that mortgage payments are only a portion of what it costs to own a home. First-time buyers may be familiar with additional costs such as property taxes, but thereís a whole range of other expenses that are sporadic and thus hard to quantify...............................................Full Article: Source
Print