Why I Think Buying Home is a Liability for New Immigrants

With sky-high interest rates and shrinking net Purchasing Power (PP), buying a house (as a first-timer) is becoming more of a liability in North America, the UK, or any other credit-driven society. This is particularly true for new immigrants.

For example in Canada, owning a home is often touted as being synonymous with success and stability. However, it is crucial…