Renting or Buying

@Muelitz (1592)
Canada
June 24, 2008 1:48pm CST
I am a newly landed immigrant here in Canada and am pondering what would be the best decision to make. If it would be best to just rent an apartment or get a loan from the bank to buy your own house. I am expecting my wife and kids to join me in a couple of months so we would need a place of our own to stay. Can anyone suggest or justify what is best? Just Me, SFC
1 response
@baileycows (3668)
• United States
24 Jun 08
Well buying you will get tax breaks and probably a cheaper monthly note plus you are making money and not just throwing it away. But if your here for short term or my travel around a bit I would wait until you are ready to settle somewhere.
1 person likes this