Real question: how the hell are people only putting <$15k down on their first property as a single buyer? Flex down?

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I don't know anyone doing that. Most people I know put over 100k down and even then are extremely leveraged. How would it make any sense to put such little down? Your interest payments alone would be more than rent

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That’s what I’m saying. I see anecdotes of people putting like $7k down. Unless your property is <$100k which doesn’t really exist in the GTA.

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