Yeah, it is far from a sure thing, and the barrier to entry is huge. I can invest $2,000 and have a pretty stable return on diversified investments with a low expense ratio. For a house? You'd have to go to the middle of nowhere to get something for less than $100,000.
You are viewing a single comment's thread from:
doesn't exist where I live. A basic entry home is $400,000. $550,000 is a basic two story. You need at least $75,000 for a down payment and legal fees. They have made it impossible to manage. The only thing I could do was rent the upstairs out and move into the basement suite. Even then it is costing $1600 a month to live in a basement that is only partially finished and has no windows . A self made prison.