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Discussion Starter · #1 · (Edited)
I have an older friend who was looking for a retirement home in Florida and the banks down there were asking for a minimum of 40% downpayment.

That was interesting to me since I didn't know that (and awesome if it eventually happens in Canada).

PS: Just listened to a video from Yahoo! Finance that mentioned that some state banks are asking for 50% down. Wow that would be such a different world...
 
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