this post was submitted on 06 Apr 2024
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Co-ownership helped these people buy homes in real-estate hotspot (www.cbc.ca)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 8 points 1 year ago

A boring day in dystopia

[–] [email protected] 8 points 1 year ago (1 children)

Okay so we are trying to normalize that now you need multiple family incomes to own property?

[–] [email protected] 3 points 1 year ago

It is the only way we could afford a place in BC.

[–] [email protected] 4 points 1 year ago

I'm disappointed that even a credit union wouldn't lend to them. Lenders can have mountains of collateral and still chicken out -- it's bizarre they won't take any actual risk.