| ▲ | sanderjd 4 hours ago | |
Ha yeah that was my thought. How is this a down payment? This would only be 20% of a $100k house... | ||
| ▲ | alistairSH 17 minutes ago | parent | next [-] | |
"Nobody" puts down 20%. That hasn't been a requirement for decades (in the US). And there are plenty of places in the US where you can buy a house for $150-$200k. Maybe not places you want to live for one reason or another, but they're there. | ||
| ▲ | Marsymars 3 hours ago | parent | prev [-] | |
Well a substantial proportion of home buyers in Canada put down only the minimum 5% down payment. | ||