Skip to main content

Edmonton News | CTV News | Edmonton Weather

What does it mean to be 'house poor' and how can you avoid it?

The journey to home ownership can be exciting, but personal finance columnist Christopher Liew warns about the trappings of becoming 'house poor' -- where an overwhelming portion of your income is devoured by housing costs. Liew offers some practical strategies to maintain better financial health while owning a home.

WEATHER

Unable to retrieve weather data

Links in the news

Editor's Picks

Everything Edmonton

Sports

Stay Connected

listen live

CTVNews.ca Top Stories

Motion to allow keffiyehs at Ontario legislature fails

A motion to reverse a ban on the keffiyeh within Queen’s Park failed to receive unanimous consent Thursday just moments after Ontario Premier Doug Ford reiterated his view that prohibiting the garment in the House is divisive.

What does it mean to be 'house poor' and how can you avoid it?

The journey to home ownership can be exciting, but personal finance columnist Christopher Liew warns about the trappings of becoming 'house poor' -- where an overwhelming portion of your income is devoured by housing costs. Liew offers some practical strategies to maintain better financial health while owning a home.