20-08-2025 17:44 via moneysense.ca

Renting vs. buying: Which is the better option?

The rent-versus-buy debate has long divided financial experts and aspiring home owners, with no clear winner in sight.The traditional argument holds: While buying a home can build long-term equity and stability, renting can provide flexibility and fewer upfront costs. But as home ownership becomes a far-fetched dream for many young Canadians, can renting for life be a viable option?Alex Avery, author of The Wealthy Renter, thinks so. “It’s different for every person, and each in
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