Quote:
Originally Posted by anyonebutedmonton
Not married to renting per se... But the thought of living in Edmonton for longer than 3 years isn't ideal. It might be worth looking into though considering the relatively high rent I am seeing in the areas near the uni.
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Why would buying lock you into Edmonton foro more than 3 years? I bought a house in Edmonton, lived it for 2 years, and then sold when I graduated. Worked out great. Made back more than I spent on payments in appreciation (by a big factor). Obviously that may not happen in the next 3 years, but some of your mortgage payment would go to principal paydown.