Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Get Adobe Flash player

Let's Talk Investing

Rent or take on massive mortgage debt? Add to ...

Should young people wait until they can comfortably afford to buy a home, or should they try to get into the market while rates are so low?

Segment One: The first time buyer’s conundrum – rent or take on massive mortgage debt

-what do you make of the idea that if young people don’t get into the housing market today, they’ll never be able to afford to do it?

-how sensible is it to rent until you can comfortably afford to live in a home?

-what about the old adage that if you buy big now, you’ll be able to better afford it later on – is it feasible to expect big wage growth in the years ahead?