First-time buyers' spending habits impact down payment
This is a Calgary news story, published by calgaryherald, that relates primarily to Statistics Canada news.
Calgary news
For more Calgary news, you can click here:
more Calgary newsconsumer & retail news
For more consumer & retail news, you can click here:
more consumer & retail newscalgaryherald news
For more news from calgaryherald, you can click here:
more news from calgaryheraldAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like consumer & retail news, you might also like this article about
costly steak dinner. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest spending choices news, steak dinners news, consumer & retail news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
down paymentcalgaryherald
•Business
Business & Economics
Spending on restaurants takes a bite out of ability to save for a home

62% Informative
Calgary first -time buyers would need to forgo 40 years of steak dinners to save 20 per cent down payment.
Realty firm Zoocasa compared how many years it would take to save $ 133,000 for a home.
Statistics Canada data shows households spend on average about $3,351 annually on dining out and delivery, or about $65 a week.
VR Score
68
Informative language
70
Neutral language
17
Article tone
informal
Language
English
Language complexity
40
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
1
Source diversity
1