Budgeting to buy a home.
Tero Vesalainen/Shutterstock
New mortgage products designed to help struggling first-time buyers hark back to the pre-2008 market and so should come with a warning.
Chuttersnap/Unsplash
While authorities such as the Reserve Bank often see them as risky, interest-only loans can be helpful in some circumstances.
Photo by Pat Whelen on Unsplash
Banks typically do not want their customers to default on property and have processes in place to help reduce the risk of this happening.
When prices are falling, fewer home owners will choose to sell if they can afford to stay put.
Mick Tsikas/AAP
It’s natural to assume that a downturn in the property market is good news for people who’ve been priced out of the market. In practice, they might still not be able to buy a home.
A single-room occupancy (SRO) hotel in Chinatown in Vancouver, B.C.
(THE CANADIAN PRESS/Darryl Dyck)
Low-income women suffer evictions and violence in Canada’s most “livable” cities.
The air may fizzle out of the Australian balloon, or it may burst violently.
Shutterstock
A whole bunch of folks are on the wire, and if their housing payments go up they are going to struggle.