Yeah its terrible for someone looking to move out. I wasn't in a huge rush to buy. My plan was to save up a decent amount for a downpayment, move into a small cheap rental unit and then save up the rest over a year or two just so I can gtfo of my current living situation. Impossible with the rent prices out there. It costs more to rent a 2 bedroom condo then the actual morgatge payment with condo fees. It's ridonkulous.
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