Can Renting Beat Buying? Here’s What 10 Years of Data Reveals

2024-09-20

🎙️ Welcome to the Deep Dive Podcast, today, we’re diving into an insightful episode of the Rational Reminder Podcast by Mark McGrath & Ben Felix, where the hosts tackle a question every Canadian faces at some point: Should you rent or buy a home?In this episode, Nika and Kian summarize their 90-minute conversation answer the following questions:Is renting really a bad financial move, or is that just another myth?What does a decade of hard data from Canadian cities actually tell us?

🎙️ Welcome to the Deep Dive Podcast, today, we’re diving into an insightful episode of the Rational Reminder Podcast by Mark McGrath & Ben Felix, where the hosts tackle a question every Canadian faces at some point: Should you rent or buy a home?

In this episode, Nika and Kian summarize their 90-minute conversation answer the following questions:

Is renting really a bad financial move, or is that just another myth?
What does a decade of hard data from Canadian cities actually tell us?
Which cities favor renters, and where do homeowners come out ahead? You might be surprised!
How do those often-overlooked costs like property taxes, maintenance, and depreciation stack up?
Most importantly, does buying a home truly guarantee wealth, or are we all just following a belief that’s driving up prices?