New Canadian Media

As House Prices Soar, People Buy With a Little Help From Their Friends

Written by  Epoch Times Thursday, 28 April 2016 10:01
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TORONTO—When Jeremy Campbell purchased a house in Ladner, B.C., with his sister and her husband in 2010, it was meant to be a temporary arrangement until he could upgrade to a place of his own.

“The initial plan was to do this short term just to get into the market, build some equity … get my foot in the door,” says Campbell, who covered one-third of the down payment on a 2,000 square-foot home that’s split into two suites.

 

Epoch Times

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