Originally Posted by BlackCrayon

i suppose there are exceptions but what kind of place is someone getting for an 800 a month mortgage say with only 10% down? 150k? maybe for something in a small town or if you bought 20 years ago and still have another 5 left on that 25 year mortgage but tyoically, for the average person who is only a few years into their mortgage and not taking into account any huge deals someone might of gotten right after the market crashed..maybe i see things different because here in canada, there was no housing crash. prices are high unless its a shithole or your in the middle of nowhere.