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Your housing costs in your condo aren't really relevant - we need to look at apples to apples...what is a family of four paying to live inner-city v. the burbs.
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As I said above, there are several families with small children (including at least one family of four) living in my condo building. Obviously I'm not privy to their household finances, but I can't imagine their housing costs being much different from mine given that we live in the same building.
Bottomline, this thread is about saving money and was (I presume, perhaps incorrectly) started by a young single guy. The biggest thing he can do to reduce his monthly expenses is to live near his workplace and forego owning a car. After that, he should take all or some of what he would have been paying for car payments, insurance, gas, parking, maintenance, etc. and invest it in an RRSP, TFSA, or savings account.