Q: My partner and I moved cities a couple of years ago and soon realised that the proceeds from selling our house weren’t going to be enough to buy a place in our new city. We’ve been renting ever since, watching as prices have gone ever higher. Now it looks like that rise is slowing a bit and we are thinking about buying a smaller property or an apartment as an investment while we continue to rent. The latest drop in interest rates has made us think that now is a good time, but we’ve never done this before and we’re getting conflicting advice from friends and family. What should we know before we take this step?
Read more: https://bit.ly/2YsSMav