NeverBlue wrote:Thanks for proving my point.You see when you make only $50K/Year in Calgary you will need a loan for everything(Car, House, Motorcycle, etc...) you most likely will not get approved, but you will need them.
Nobody "Needs" a mortgage from buying a house if you make $50K
Nobody "Needs" a Car payment, Mortgage Payment, Motorcycle payment, Boat payment, etc...if you make $50K.
Take the bus and rent an apartment until you can afford it.
...that's simple Logic
Simple logic would also indicate not to take 18 months of your life and potentially better part of 20G to throw away on a trade that forces you to have to bus it to work after your studies are done. In the Calgary's and Vancouver's, you will never be able to get into a house on a encore type wage.
Maybe a nice campervan.
How logical