• Should You Rent or Buy in 2025?

  • Feb 7 2025
  • Length: 44 mins
  • Podcast

Should You Rent or Buy in 2025?

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  • Summary

  • The complexities of renting versus buying in Canada's current housing market, offering insights from both perspectives as a homeowner and strategic renter. We break down the financial implications, personal considerations, and market conditions that influence this important decision

    • The true cost of homeownership extends far beyond the mortgage payment, including maintenance, taxes, and opportunity costs

    • Higher homeownership rates don't necessarily indicate greater wealth - Switzerland's example shows renting can be part of a successful wealth-building strategy

    • The decision between renting and buying should align with personal goals, financial situation, and long-term plans rather than societal pressure

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