How To Save Like A Homeowner While Renting

There’s a very well known saying that goes around a lot “Why pay someone else’s mortgage? Renting is throwing money away.” Wait a second there. It’s completely true that renting is just throwing your money out the window, but in expensive cities like Vancouver, Toronto, New York and San Francisco, renting might be the only…

Are Houses Getting Too Expensive?

Recently there have been many press releases coming from big name CEOs at the Canadian banks and the Bank of Canada stating that housing prices in the two hottest cities, Vancouver and Toronto, have become unsustainable. But are their words actually true? If they were too expensive then why are people still able to buy…

How Renting Can Be Cheaper Than Owning

There is a notion made by many that buying a house is always better than renting.  “Why pay someone else’s mortgage?”  is the question that comes to mind whenever someone makes an argument about buying versus owning.  Those in America who have suffered through the housing crash would probably disagree with the above statement that owning…

The Real Cost of Ownership

Owning a home never seemed so simple.  Get a mortgage, take advantage of the low interest and pay less than rent.  Buying a home has its perks.  You no longer have to pay rent that goes to no one but your landlord.  Buy a house instead of a condo and you don’t even have to…