HuffPost is now a part of Verizon Media

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Rayquaza2233 on February 4th, 2021 at 15:26 UTC »

At this rate I think I'll have enough money for a downpayment today in 3-5 years but in 3-5 years I'll need another 3-5 years unless I luck into a GameStop situation.

Slure on February 4th, 2021 at 14:50 UTC »

As you can just watch the price of food and goods go up year by year by year with little to no wage increase with taxes going up I can see why so many young people are staying with their parents so long.

trillyseh on February 4th, 2021 at 13:58 UTC »

I'm a homeowner in Northern Ontario where our housing and rental market prices are similar to those of Ottawa and non-GTHA Southern Ontario. Due to recent life events, I was looking at decent rentals (edit: apartment) and the rent alone was more than my mortgage, property taxes, house insurance, and several utilities combined. If my house had had to be sold, there's no way that, as a singleton with obligations, I'd be able to return to home ownership.

The system is beyond broken, not just for prospective owners, but renters as well.