Why Rick Mercer bought a $19,000 house
He was 19, it cost $19,500 and Rick Mercer still remembers the day that he bought a row house because he couldn't afford to rent.
His Maritime upbringing hangs heavy over the comedian's outlook on money and what it can -- and can't -- buy.
He says the house came about because he was a starving actor and couldn't afford an apartment, according to The Star. But with the help of a $4,000 downpayment -- money his parents had saved for his education -- he could buy the house, rent a couple of rooms to friends and family, and meet the $300 mortgage payments.
The lesson? "The down payment from my parents was a hand up that changed my life," Mercer told The Star.
You can find the full interview here.