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Bob Woods
Global News
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Comments by "Bob Woods" (@bobwoods1302) on ""Very scary time": Many Canadian homeowners concerned about next mortgage renewal" video.
Still better to be paying off your own mortgage than someone else's by renting.
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@apprenticephil649 Renting is about as deep underwater as you can go.
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They won't lend you more than you can handle.
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@alexguolo5872 How much?
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@alexguolo5872 Don't be jealous.
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@alexguolo5872 You don't think property tax is included in your rent? Glad your happy. 20 years has a way of flying by. Hope you feel the same way when you get there and realize you just paid off someone else's mortgage and you have nothing to show for all that money over the years.
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@alexguolo5872 BTW I can only imagine the wretched dump of a rooming house that you are living in for $1300 in Toronto but it is still $50 more than I pay in my mortgage 😁
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@alexguolo5872 Also for perspective. My father bought the family home back in 1970 for $25 000. They sold it for $850 000 in 2017.
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