Romana King, MoneySense Senior Editor talks about how you may wish to consider the path less traveled when it comes down to buying a home in today’s Canadian housing market.
Being creative is a great way to break into today’s housing market without having a Crushing Mortgage or Participating in a Bidding War. You can always Consider Alternative Building Materials – just like us:! Here’s what King has to say about the ‘Octopod’.
When you think ‘out of the box’, more affordable options may present themselves.
These are the 5 Solutions King suggests:
- Skip the land value costs
- Buy a cottage instead
- Get dirty and go off-grid
- Consider Alternative Building Materials
- Or just go nomad
If you don’t want to fight the masses to purchase a home, I think it’s a great idea to think ‘out of the box’ and see where it takes you.