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this post was submitted on 14 Oct 2024
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I get it. My wife and I just bought a home in Canada this summer and the pressure is very real. The prices just keep climbing and there is so much competition for everything that comes up on the market. Throw in periodic drops in interest rates and you feel like you have to pounce now or you'll never get one.
We were very fortunate that the sellers chose us specifically because of our family dynamic and the vacancy their own family was leaving in our little neighborhood of playing/communal children. We got the house at asking price and are well within our budget, but things were looking a bit grim there until fate worked itself out. People put shit-holes up for 400k and half the time people buy it anyway. If they don't, the price drops by 15k and it's sold the next day.