Rent or buy? There seems to be an endless debate on whether it is good investment to buy your own home vs. renting and investing your money elsewhere. Unfortunately, this article won’t put that argument to rest and won’t provide definitive answers. What this article will do is look at some real word costs (mine to be exact) to see the potential of a property as an investment.Rent or buy? I chose buy In April 2012, I took the plunge and purchased a 1-bedroom condo, without a whole lot of cost/benefit analysis. My main line of thinking was “why pay someone else’s mortgage, in …
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