Agree with you. But what about the debt ratio and rise in unemployment, those are deflationary. Also paying off a mortgage on an appreciating asset with less income can be viewed as equaling each other out. The opportunity cost of playing safe and hoarding cash may be better for those who choose...

2.25%, yeah exactly inflation is what im worried about, might be too soon to worry about it though.

I am at a prime -0.75% , right now. I have to do some math to figure out when the best rate to lock in is. It's like foregoing savings now for possible future costs. It may be a problem when it hits 8-10% rates.

I lived on Yonge between Shepp and Finch for a year, and Bayview Village for a year. Yonge street has newer condos, places to walk to. My wife and I both in our 20s found ourselves wanting to go back to yonge street for some fun when we were at bayview/shepp. If you like eating out, karyoke, go...

Chuck, i understand your point. I am not scraping by and i do plan to stay here a while and lock in at a favourable fixed rate within the next year. I am however worried about the market price of my house going down. Investor, so what are you saying? Our demographics justify a 500K+ median...

Credit crunch affecting Canadian real estate Hi all, been reading here for a while, I keep coming back as you guys are really knowledgeable. I was hoping to hear some opinions. I have been reading a lot about this credit crunch and how the worst is yet to come. Banks in the States are just...