The dream of homeownership is being challenged by a harsh reality: affordability. The high cost in many areas is preventing potential homeowners from qualifying for mortgages that suit their needs.
No one should be forced into an unsuitable living situation due to financial constraints. If a $700,000 entry-level home is out of reach but you only qualify for a $500,000 mortgage, a two-bedroom condo may not be the best long-term solution for your family.
The affordability crisis isn't a myth, it's a real issue. But understanding it is the first step towards finding solutions. Let's unpack this issue, so you can make informed decisions about your journey to homeownership.
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