There's quite a bit of heavy consideration that should be put into determining whether buying a house in Canada versus renting is the right step to take next on life's journey. Many potential buyers approach the subject with the mentality that “it needs to be a solid buyers market” before taking that step. Others just want a change of scenery as they attempt to find a find a dream home amid a surreal environment. Whatever the reason is for considering buying versus renting or renting versus buying, there are pros and cons to each that need to be taken into account before taking the plunge either way.
The Pros and Cons of Renting
Let's face it, not everyone is cut out for the buying lifestyle and there are reasons to rent that abound—depending
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