Renting vs Buying A Home in Canada Which Is ACTUALLY Cheaper 2024











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Renting vs Buying A Home in Canada: Which Is ACTUALLY Cheaper? Find out the answer as we break it down in this video! • Whenever you’re ready there are 3 ways we can connect ๐Ÿ‘‡ • 1๏ธโƒฃ ๐๐จ๐จ๐ค ๐€ ๐‚๐š๐ฅ๐ฅ ๐Ÿ“ฒ • https://calendly.com/alexdunbar • 2๏ธโƒฃ ๐…๐‘๐„๐„ ๐ƒ๐Ž๐—ช๐๐‹๐Ž๐€๐ƒ๐’โฃ • Buyers Guide: https://bit.ly/Free-Ultimate-Buyers-G... • Sellers Guide: https://bit.ly/Ultimate-Sellers-Guide • Pre-Sales Guide: https://bit.ly/Ultimate-Guide-to-Buyi... • 3๏ธโƒฃ ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐—ช๐ž๐›๐ฌ๐ข๐ญ๐ž • https://discoverhomesfirst.com/listing • ๐Ž๐“๐‡๐„๐‘ ๐•๐ˆ๐ƒ๐„๐Ž๐’ ๐ŸŽฅ • ๐Ÿ”นCanadian Real Estate: Should You Buy a Home in 2024?:    • Canadian Real Estate: Should You Buy ...   • ๐Ÿ”นRenting vs Buying A Home in Canada: Which Is ACTUALLY Cheaper? (2024):    • Renting vs Buying A Home in Canada: W...   • ๐Ÿ”นThe Ultimate Guide to Down Payments in Canada Explained (2024):    • The SHOCKING Truth About Down Payment...   • ๐Ÿ”นBuying a Home in Canada: Closing Costs Explained:    • Buying a Home in Canada 2025? Don't F...   • ๐Ÿ”นHow to Pick a Realtor:    • How to Choose the BEST Real Estate Ag...   • ๐Ÿ”นUltimate Guide to Getting a Mortgage Pre-Approval (Canada):    • How to Get a Mortgage Pre-Approval in...   • ๐Ÿ”นGetting a Mortgage in Canada: How Much Can You Afford?:    • Getting a Mortgage in Canada | How Mu...   • ๐Ÿ”นMortgage Basics 101:    • Canadian Mortgages Explained | How to...   • ๐Ÿ”นBank vs Mortgage Broker:    • Canadian Bank vs Mortgage Broker (Wha...   • ๐Ÿ”นFixed Rate vs. Variable Rate Mortgages:    • Fixed Rate vs. Variable Rate Mortgage...   • ๐Ÿ”นHow to Choose the Best Home:    • Buying a Home in Canada 2025 | How to...   • ๐Ÿ”นResale vs Pre-Sale:    • Pre-Sale/Pre-Construction vs Resale H...   • ๐Ÿ”นHow to Write an Offer:    • How to Write a WINNING Offer | Buying...   • ๐Ÿ”นImportant Real Estate Dates:    • Buying a Home in BC Canada | 6 Essent...   • ๐Ÿ”นFirst-Time Home Buyer Programs (2024):    • Buying a Home in Canada - First-Time ...   • ๐Ÿ”” ๐…๐‘๐„๐„ ๐‘๐„๐’๐Ž๐”๐‘๐‚๐„๐’โฃ • ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐‚๐š๐ฅ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ: https://discoverhomesfirst.com/mortga... • ๐†๐ž๐ญ ๐๐ซ๐ž-๐€๐ฉ๐ฉ๐ซ๐จ๐ฏ๐ž๐: https://bit.ly/get-pre-approved-here • ๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž ๐˜๐จ๐ฎ๐ซ ๐‚๐ซ๐ž๐๐ข๐ญ ๐’๐œ๐จ๐ซ๐ž: https://bit.ly/ImproveCredit-Score • • This video dives deep into the age-old debate of buying versus renting a home in Canada, dissecting the financial implications and long-term effects of each choice. As housing prices soar and mortgage applications decrease, many wonder whether it is smarter financially to buy a home or continue renting. This video examines the real costs associated with owning a home, such as down payments, mortgage interest, property taxes, and ongoing maintenance expenses. It also explains the straightforward nature of renting, where the monthly cost is often less than owning a home of equivalent value, especially in cities with high interest rates. • However, the discussion doesn't stop at comparing monthly expenses. The video explores the concept of building equity through home ownership, including both passive appreciation from rising market values and active appreciation through home improvements. It discusses the potential financial benefits of owning a home in the long run, despite the higher upfront costs and responsibilities it entails. Conversely, it highlights the flexibility and lower financial burden of renting, which might be more suitable for those not planning to stay in one place long-term. • Overall, the video aims to provide a comprehensive overview of the financial dynamics of buying vs. renting, helping viewers make an informed decision based on their personal circumstances and long-term financial goals. • ____โฃ • ๐Ÿ“ท ๐ˆ๐ง๐ฌ๐ญ๐š๐ ๐ซ๐š๐ฆ:   / clientfirstcollective   • โšซ๏ธ ๐“๐ข๐ค๐“๐จ๐ค: https://www.tiktok.com/@dunbarrealest... • ๐Ÿ”ต ๐…๐š๐œ๐ž๐›๐จ๐จ๐ค:   / clientfirstcollective   • ๐Ÿ”ด ๐˜๐จ๐ฎ๐“๐ฎ๐›๐ž: https://bit.ly/Living-in-the-Lower-Ma... • ๐ŸŒ ๐—ช๐ž๐›๐ฌ๐ข๐ญ๐ž: https://discoverhomesfirst.com/ • ๐Ÿ“ง ๐„๐ฆ๐š๐ข๐ฅ: [email protected] • ๐Ÿ“ž ๐๐ก๐จ๐ง๐ž: 604-314-5418โฃ • โฃ • FREE Lendlord Account: https://lendlord.io/alex-dunbar • ๐‰๐จ๐ข๐ง ๐Ž๐ฎ๐ซ ๐…๐š๐œ๐ž๐›๐จ๐จ๐ค ๐†๐ซ๐จ๐ฎ๐ฉ ๐Ÿ๐จ๐ซ ๐…๐ข๐ซ๐ฌ๐ญ-๐“๐ข๐ฆ๐ž ๐‡๐จ๐ฆ๐ž ๐๐ฎ๐ฒ๐ž๐ซ๐ฌโฃ • ๐Ÿš€ https://bit.ly/CanadianFTHBGroup • โฃ • Surrey Realtor | Langley Realtor | Alex Dunbar Realtor • #surreyrealestate #langleyrealestate โฃ#langleyrealtor • The opinions expressed herein are solely that of Alex Dunbar, not Real Broker or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

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