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Young people paying 'astronomically living expenses': insolvency trustee
(www.bnnbloomberg.ca)
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this post was submitted on 28 Mar 2024
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My house has potentially increased in value almost $40k since I bought it almost two years ago. While most of my mortgage payments right now go towards interest. The equity I've gained by its value increasing is more than what the payments have done for me. I can't realize that without selling, which I don't intend to.