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Originally Posted by seven
Yea just read that.. but the fact remains if you wanna totally waste 1000/month in rent or if you'd pay 1200 in mortgage+expenses=1500 towards owning something. If you can't afford to buy a home then the above url would be your consolation  |
Again depends on the market. Your saying there is only a $200 gap up for the mortgage over rent where as the articles we provided show its closer to min of $800 and in the case of a city like Vancouver the gap is $1700 a month before the extra expenses of owning like prop taxes and insurance.