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To rent or to own, that is the question
Rounding it up
Real estate is almost always a solid, safe investment that gives you permanency, security, and leverage in equity.
Despite the investment benefits, buying property comes with a lot of responsibility, unexpected costs, and the potential to become “house poor.”
Renting is becoming more common not only because owning property is becoming more difficult, but also because renting offers people more flexibility and freedom than owning.
Chrissy Kapralos
Chrissy is a freelance writer and editor who is passionate about making financial education accessible. She is also a communications advisor for the Ontario Ministry of Energy, Northern Development and Mines. When she isn't writing, you can find her practicing yoga or watching horror movies.
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