Co-ownership helped these people buy homes in real-estate hotspot

https://www.cbc.ca/news/canada/british-columbia/bc-real-estate-house-prices-co-ownership-west-vancouver-1.7161759

0 points · 4 comments · view on lemmy.world

4 Comments

zcd@lemmy.ca · 7 pts · 2y

A boring day in dystopia

dotslashme@infosec.pub · 6 pts · 2y (1 reply)

Okay so we are trying to normalize that now you need multiple family incomes to own property?

BCsven@lemmy.ca · 3 pts · 2y

It is the only way we could afford a place in BC.

corminsterfullerene@lemmy.ca · 4 pts · 2y

I'm disappointed that even a credit union wouldn't lend to them. Lenders can have mountains of collateral and still chicken out -- it's bizarre they won't take any actual risk.