[Sylvanfan]

I have been considering a similar idea. Certainly a lot different financial situation as I am closer to 40 and still owe a quarter million on my shat shack. I have been considering getting into a bigger place with a rentable basement suite. This essentially allows for a bigger house, for the same mortgage payment. Which I would hope would help with value as the property can generate revenue to help offset it's cost.

Still when the day comes where interest rates go up and the bubble blows up and every city in Canada turns into downtown Detroit..the bank won't really care about repossessing my house. They'll go after the nice places first and forget they had an interest in houses like the one I currently live in.