According to a recent TD survey, over 50% of B.C. residents who are prospective homebuyers say they’re cutting back on non-essential spending—everything from dining out and travel to subscriptions and entertainment—to save up for a home purchase. đźŹ
Highlights:
Mortgage relief vs. cost squeeze: Lower interest rates have made homeownership more plausible—but not without some hard choices.
Tight budgets, tough times: Even with rate cuts, many households feel they must reduce their “fun” budget to make homebuying work.
A lifestyle trade-off: The dream of homeownership is alive, but not without short-term sacrifices.
Is this a smart financial pivot—or a concerning shift in priorities for B.C. families?
👉 Read the full story: https://dailyhive.com/vancouver/bc-residents-spending-less-buy-home
#BChousing #CostOfLiving #BudgetLife #HomeGoals
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