[Twitchy15]

Originally Posted by you&me

I know that's the common trope - that nothing's affordable; young people will never be able to buy - but I think Twitchy's situation paints a different picture.

Even at a $510,000 sale price, with 10% down, the payments would be ~$2,700 per month. Not exactly cheap, but do-able for a young couple each employed full time, making ~$45k or ~$20/hr.

I think it's more telling that Twitchy's house achieved 3% annual growth; Calgary's market has been relatively flat is still affordable... for now.

I’m shocked just the way the housing market had been here I was hoping to break even last few years if we sold. We had to over pay to buy our new place so in the end not the huge profit it sounds like. Our current mortgage was about $2000 a month which was reasonable. $2700 is doable but getting pricey and our house is very basic simple 1960s house.