No right answer to rent-or-buy debate. But there's no question who ends up ahead
Last edited by JosephB012 on Feb 17th, 2019 2:07 pm, edited 1 time in total.
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I think both go hand in hand. I have a lot of friends making income in the $50K-65K/year range and paying ~$2K/month renting alone downtown Toronto. If they have foresight on saving (whether it be for purchasing property or other investment means, find a roommate and split the rent to $1K a month. That $12K savings a year certainly adds up regardless of how it gets invested. But the saving has to start somewhere.