A practical guide for new Canadians - Step Six, by Felicia Mihali
21 February 2013
Step Six: Buying a Car and a Home
If you insist on buying a house, then at least be smart enough to wait until at least 7-10 years after your arrival. Do the math. You need to spend the first three years on your education, one year getting out of debt, and three years earning enough to put aside a big down payment.