Renting vs. Buying in Calgary: Which Makes Sense in Today’s Market?
Posted by Ray Yang on
Deciding whether to rent or buy a home is one of the biggest financial choices Calgarians face today. With rising interest rates, changing inventory levels, and fluctuating prices, the answer isn’t one-size-fits-all. Let’s break down the pros, cons, and key factors to help you decide which option works best for you.
The Case for Buying in Calgary
1. Building Equity Over Time
When you purchase a home, your mortgage payments contribute to building equity — a long-term investment rather than money spent on rent.
2. Stable Monthly Payments
Fixed-rate mortgages can offer stability compared to rent, which may increase annually depending on market demand.
3. Tax and Investment Advantages
Owning real estate often comes with tax benefits, plus…
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