Looking for a house in BC (Fraser Valley) - Half a million for what???

[Aquattro]

Just a thought...everyone here is paying a mortgage. Just some people are paying someone else's mortgage. If you can do the down payment, always try to buy. With the income from a suite, you shouldn't be much worse off than renting. And sure, the market may very well dip down, but it always comes back stronger. So buy a house as a long term investment and you'll be sure to see a return on it. Eventually.