Don't let the cost of commuting from the suburbs fool you: It's still cheaper to live there

Thursday Dec 20th, 2018

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CMHC study made several assumptions, leading to opposite conclusion Canadian census data shows that most of the recent population growth in metropolitan areas has taken place in the suburbs.Getty Images   Relative to the urban core, housing is less expensive in the suburbs. But does the savings get eaten up by increased commuting costs? That was one of the findings of a recent study by the Canada Mortgage Housing Corporation (CMHC), which claimed that — at least in... [read more]

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