At the end of the day it is simple supply and demand. It seems that most people are only concerned with the monthly payment and not the actual price of their new car or house. This is especially of concern when interest rates are low as it gives a false impression that these larger ticket items are more affordable.

Just a friendly reminder to everyone out there that granite and stainless steel appliances are not “must haves”.


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hey look like the family that has it all. Louise Edgerton, her partner, John Camus, and her 10-year-old daughter, Fianna, joke around while making brownies. They move around with ease in the gleaming white kitchen of the new dream home they designed themselves.
But for Edgerton, one financial setback could change everything. “I am discouraged, because I don’t see the light at the end of the tunnel. It’s a little bit of a house of cards that could fall down at any time,” she says.
The family is house poor, or as Edgerton puts it, “house rich and cash poor.” They live in Lachute, Que., about an hour outside of Montreal, far from the housing hot zones of Toronto and Vancouver.

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