Tag Archives: owning

To Rent or Not To Rent

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One of the more common non-industry discussions about the industry has long been the renting versus owning question. Who comes out ahead over the long term? Is it the home owner who commits a huge amount of capital to home ownership and sees their house increase in value over time? Or is it the renter who rents an apartment or… Read more »

Ownership Housing Affordability in Canada

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The National Bank of Canada last month released a document which they call their ‘Housing Affordability Monitor’ which tracks historical affordability of ownership housing—condo and non-condo—in ten of Canada’s largest cities. You can download the document in PDF format from the link below. https://www.nbc.ca/content/dam/bnc/en/rates-and-analysis/economic-analysis/housing-affordability.pdf Everyone knows that housing prices keep going up and up and up and keep getting less… Read more »

Renting Instead of Owning

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Any market survey intended to be used as a guide for setting rents should compare total monthly renting costs versus total monthly home ownership costs. After all, if it costs more per month to rent than to own, why would households rent a house or apartment if they can own a condo or house for less? Answering this question properly… Read more »