Housing prices have gotten too expensive here. My house, which is a modest detached family home, was $389k brand new in 2016. I purchased it with my brother at the time as a means to lower costs and grow equity a bit before I got married to my fiancee and started a family. In fact, we envisioned just buying out his half and staying here! When my mortgage is up next May, we are estimating that it will be worth in the $575-650k range. We just had a baby, are hoping to get married in October (unless we become another COVID victim) and do not want to have less than 20% equity in the house as we feel that is the fiscally responsible approach (plus it avoids having to pay mortgage insurance here in Canada). needless to say, we are concerned that we can't even afford to stay here. I have a very safe, good paying job and we are waiting to hear if I can officially telework on a permanent basis. Our hope is to sell, take the profits and move to the rural reasons where the cost of living is much lower and affordable and where our dollars will go a lot farther in getting us a home size that is comparable to what we have now, but with a bit of land as well for our son to enjoy as he grows up. While her job for a summer camp allows her to telework most months of the year (and be at camp for the summer months), this was something we always wanted but it was never possible with my job being in the city. Professionally speaking, telework has been awesome for me fully time and I previously was working 1 day a week as it was before COVID shutdowns hit. So we feel that this is the ideal time to go that route and take a positive step towards the sort of lifestyle we both have wanted for a long time now.