Housing

Your guide to navigating the housing market

Should I rent an apartment or buy a condo?

Owning a home is not always better than renting. In fact, we demonstrate that in especially hot housing markets like Toronto’s, renting is far cheaper than buying. This is true even when considering moderate future price increases. The example uses the rent vs buy calculator and is based on a 1-bedroom apartment I was trying to decide between buying or renting.

Home ownership, a policy blunder

Housing is an important issue today and will probably remain so for the foreseeable future. Governments would have to implement land policies and create incentives. I would gear those incentives towards providing housing options by supporting the rental market. Creating options where the market has not provided can restore balance.

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