Quote:
Originally Posted by Johnny199r
Unless you invest your additional capital in the markets as a renter, which can be an even better return than many housing markets in Canada subject to two caveats:
1. Having the discipline to continually invest (many people benefit from a mortgage being a "forced savings program". I have that discipline to invest every month, although I know many others do not.
2. Selling your principle residence results in no capital gains, which can be a big tax advantage vs investments being taxed after maxing out a TFSA not withstanding foreign dividend withholding tax.
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Except you said $1800 a month not $900.