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nasalgoat
on June 23, 2021
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Ever-increasing home values are a Ponzi scheme
The problem with that is it only allows a maximum of $25K, which in Toronto's market barely makes an impact on the downpayment.
smnrchrds
on June 23, 2021
[–]
It's $35k now.
nasalgoat
on June 23, 2021
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That's better, but still far away from a significant useful amount. When I bought my first place in 1999, my downpayment was $12K which fit nicely in the allowed amount. Not so much anymore.
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