Renting or buying is not simply a lifestyle choice—it is a financial decision shaped by prices, mortgage rates, taxes, maintenance, closing costs and how long you plan to stay. This guide helps Canadians compare the full cost of ownership with rent, test whether their budget can handle unexpected repairs or rate changes, and consider the flexibility renting provides. There is no universal winner: the right choice depends on your goals, savings, timeline and risk tolerance. Before deciding, run realistic numbers and seek qualified advice.
Continue to full article
