The differences between renting and owning a home are complex. Owning isn’t always better than renting, and renting is not simpler for everyone.
Should you buy a home? Or is it better to keep renting? Here are all the pros and cons of each, plus key questions to ask.
In This Article ; When to rent a home · Pros and cons of renting a home · When to buy a home · Pros and cons of buying a home · Is it better to rent or buy? · Traditional wisdom no longer applies
Should I rent or buy a house? See all the pros and cons of renting vs buying a home to decide which option fits your lifestyle and finances.
Homeownership comes with a lot of benefits, but it's not for everyone. Explore renting vs. buying a home and the pros and cons of becoming a homeowner.
Considering buying a home? Learn about the six key questions you need to ask yourself to determine whether buying or renting is best for you.
Weighing renting vs buying a home? Either can be a smart decision. Learn the pros and cons to make the best financial move for your goals.
Rent vs. buy: What kind of house can you afford? · Determine the size of your down payment · Calculate your debt-to-income ratio · Factor in an emergency fund · Estimate the costs of ongoing maintenance ; How long do you want to stay where you are? · Remember that equity increases over time · Factor in selling costs if you plan to move
Year after year, the U.S. is the most popular vacation destination for Canadians, and Canadians are consistently among the top international buyers in the U.S. real estate market. If you regularly visit the U.S., you may be thinking about renting versus buying a U.S. home. U.S. real estate prices are still low compared to Canada. For example, the median price per square metre of a residential home in Canada is $12,504 USD, while the median price per square metre of a residential home in Los Ange...
The transition from renting to owning a home can be a big step. Here are a few important factors to consider before making the jump to homeownership.