Currently his mortgage is $ 3,660 per month.

Come July, his payments will be around $ 6,000 to $ 6,500 per month.

65 years old and still hasn't paid his mortgage.

Mortgages are designed to keep you poor, in debt & enslaved your whole life.

To all the young people out there. You are better of renting a small place and dumping savings into Bitcoin.

If you do this. You will be able to purchase a house in cash in a decade or two. Much faster then being stuck in a mortgage for 25 years.

Housing is a declining asset. Don't get suckered into being a mortgage slave.

https://www.cp24.com/news/ontario-man-considers-selling-house-before-mortgage-payments-rise-2-000-even-after-interest-rate-cut-1.6918989?__vfz=medium%3Dsharebar

#Bitcoin

#Canada

#Mortgage