The Budgette #3: Thank you for being a friend
but do I want to buy property with you? We'll definitely need two bathrooms
Who doesn’t love the Golden Girls? They were independent, had some of the best one-liners and lived in a pretty fabulous house.
But if you’re rewatching, you saw one of the early episodes where Blanche was going to marry the bigamist. Dorothy and Rose spend a lot of the time worried about where they were going to live because they rented from Blanche and if she got married, they would have to find somewhere new to live.
A lot of us face a similar dilemma, not because your BFF is marrying a bigamist (I hope not), but because rent and houses in the major Canadian (and U.S. cities) were ridiculously high for the last decade and most of us couldn’t get into the housing market. If you rented, you could risk being renovicted and if you weren’t, you were still stuck paying ridiculously high rent.
The good news is that mortgage rates have fallen and with remote working, people are looking beyond the major cities to smaller, more affordable areas. Not everyone can afford to buy a home by themselves (because housing prices are still high) but there is a popular option that could work for single people: