Agreed.The 401k, and it's nonprofit counterpart 403b and their non-employer based friend IRA, are excellent tools for a host of reasons.

I was so excited about this concept when I first arrived to BP but alas I've come to realize it's probably not feasible due to all the factors Roy mentioned, plus the fact that we just have a much smaller and therefore tighter market than our US counterparts.

You can still definitely cashflow on properties in Canada, however your cash-on-cash return often won't be as good as our American counterparts because you'll be getting less rental income in return compared to what you put down on the property. 

I am going to say...all of you severely miss the point of what school really is about.What you are saying may be valid, but it depends on what you want to learn, and more importantly, where you want to apply that what you have learned.Sure you can always find a counterpart to everything.If you wanted to be a NASA robotics scientist.. let's say.

@Dawn Brenengen Be a good neighbor and try and talk some sense to your counter part here. 

My thought is that this would work best in the higher end areas where the state mandated maximum rents for low-income units are so far below their restrictionless counterparts.

I also recommend swapping water and energy hungry fixtures(notably, the toilet and showerheads and any incandescent or swirly bulbs) to water and energy efficient counterparts.

first of all let me say, there is NO one size fits all when it comes to loan programs. what makes sense for you may not make sense for someone else, so take my opinions here as exactly that - my opinion. i am personally not a fan of DPA. reasons being the rates are always higher than traditional counterparts, and they're not usually even gifting you any money.

For example, I've spent $20 and made $90,000 selling a .com and its .net counterpart.

If I tap into the mentality of my paycheck to paycheck millennial counterparts, and assume that stoves and dryers will still last forever: