Cautionary tale about not having a mortgage in retirement
https:// www.cbc.ca /news/canada/calgary/calgary-seniors-unaffordable-rent-interest-rates-1.7001817 Cautionary tale about not having a mortgage in retirement
I feel for this guy, but something isn't adding up.
- he has lived in this house for 3 decades
- his mortgage is still so high, that the recent interest rate hikes have taken his mortgage payments from $1K to $2.6K
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