Blog by DOINA BIOLAN B.Comm

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THE REAL COST OF NOT BUYING A HOUSE TODAY

May 25th, 2015

THE REAL COST OF NOT BUYING A HOUSE TODAY…

 

 

1. Historically the longer you wait... the higher the price.  As evidenced by the CMHC cost index for the past 25 years.

 

2. There are 2 components in purchasing a home:

          1) Cost of the property

          2) Cost of the money

    Both of these are commodities.  You of course wish to purchase both at the best

    price possible. ...