In Toronto, our mortgage is ½ to ⅔ of the equivalent rent these days. The startup costs for it, though, are killer — and most people's mortgages starting today

In Toronto, our mortgage is ½ to ⅔ of the equivalent rent these days. The startup costs for it, though, are killer — and most people's mortgages starting today would be closer to ¾ to ⅞ of rent, not counting the cash downpayment required.