Imagine tossing another log on the fire in your cozy redwood timber cabin, tucked away in the gorgeous hills of Mill Valley in a serene and private ¾-acre lot.
Should I buy or go for renting homes? It’s a question that we’ve all asked ourselves at least once at some point in our life. It’s probably the most challenging task to deal with, especially in a country like Canada. Known for its expensive real estate, it is a place where owning a home is considered an achievement.
Aside from considering your financial position, there are several other factors to bear in mind. Each element has its significance which could mean different things for different people. Therefore, with no proper answer to whether you should rent or buy a house.
We have decided to break down the advantages and disadvantages of both scenarios for you for better understanding. Let’s take a clear look at them.