“We could overextend ourselves, as many others have, and take on a ridiculously high mortgage, but we have decided not to.”

This from Let’sGetOurFactsStraight at vancouvercondo.info 14 Dec 2009 at 2:12 pm

“My husband and I are both professionals, earn decent salaries, yet cannot afford a home in the Lower Mainland. I suppose we could overextend ourselves, as many others have, and take on a ridiculously high mortgage, but we have decided not to. We don’t want to put our family at risk, and we feel that the market is in a bubble because of easy credit made possible due to low interest rates and CMHC insurance.”

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