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For over 50 years CTV National News has been Canada's most-watched national news program, covering the stories that matter to Canadians. Watch at 4:30 & 10 p.m. ET on CTV News Channel and CTVNews.ca and the CTV News app and at 5:30 & 11 p.m. ET on CTV, CTV.ca and CTV apps.

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How to avoid the trap of becoming 'house poor'

The journey to home ownership can be exciting, but personal finance columnist Christopher Liew warns about the trappings of becoming 'house poor' -- where an overwhelming portion of your income is devoured by housing costs. Liew offers some practical strategies to maintain better financial health while owning a home.

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