Quote:
Originally Posted by REDVAN
snowshoe- sorry to hear about your situation.
I'd say rent- I know it seems like throwing money away, but at the same time, you probably DON'T want any commitments to a new property while trying to sort out other things in your life. As a renter, you have very limited responsibility.
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This struck a chord with me, as I've thought of this for a while now....has anyone done a good study in some of the inflated cities like Calgary and Toronto for comparing the benefits of renting vs owning?? I keep hearing people say renting is better in the long run but I don't see how, but I've never looked into it....there's lots of condos getting built these days for investment purposes....can anyone make an argument for renting?