Category Archives: Real Estate

Cottage vs upsizing your home in Canada — two mortgages, one builds wealth

Cottage vs. Upsizing Your Home: Which Mortgage Decision Actually Builds Wealth?

Many people with a growing family and some equity hits the same fork in the road.

Do you upgrade and buy a bigger, better house? Or do you buy a cottage?

Both moves can cost roughly the same. Both put you ~$500k deeper in debt. But they are definitely not the same decision.

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