Assignment 2 - Teigan Pritchard by Teigan Pritchard

Image #1

teiganpritchard1 — 2025-04-01 02:52:05 UTC

This is a great image that helps people decide in which scenario renting vs buying would be beneficial to their lifestyle. I chose this image because it summarizes this information in small text boxes which makes it easy to understand.

Image #2

teiganpritchard1 — 2025-04-01 02:59:32 UTC

This image shows both pros and cons to buying and renting for people to understand what route to take. I picked this image because it shows the downsides to each side instead of just pros which can help someone realize why it could be a bad idea.

Video #1

teiganpritchard1 — 2025-04-01 03:08:15 UTC

This video is great at breaking down what costs go into both renting and buying and shows off how you can compare these prices to figure out when it is worth it to do either. The reason i chose this video is because it shows a detailed comparison between renting and buying which allows people to understand both sides.

Video #2

teiganpritchard1 — 2025-04-01 03:12:27 UTC

This video explains pros and cons of renting and buying while also explaining how prices have changed over time. The reason I chose this video is because it explains how mortgage rates have increased by 40% in the past 5 years which is very mind blowing information on how much prices are increasing.

Video #3

teiganpritchard1 — 2025-04-01 03:16:20 UTC

This video explains how bad the current house market in canada is by going into detail about the many aspects affecting the market. I chose this video because it goes into great detail about the housing market and how expensive it can be to buy a house in the current market.

Welcome Message

teiganpritchard1 — 2025-04-01 03:20:53 UTC

You can expect to learn about the pros and cons that goes into buying and renting which allows you to decide which is most beneficial to you are your current state. This board will also go into the market for both houses and renting.

Website #1

teiganpritchard1 — 2025-04-01 03:22:48 UTC

This website gives you many tools to help you with buying a home. I chose it mainly because it allows to calculate what the mortgage would be on a home.

Website #2

teiganpritchard1 — 2025-04-01 03:24:39 UTC

This website explains many aspects in both renting and buying which can help you figure out when it is better to rent vs buy a home. I chose this because it goes into detail on most aspects that affect the pricing on both renting and buying

Website #3

teiganpritchard1 — 2025-04-01 03:27:07 UTC

This website explains both sides the renting vs buying and demonstrates ways to help you figure out what is better for you. The reason I picked this website is because it explains what the 40% rule is which can prove very beneficial when purchasing a home.

Website #4

teiganpritchard1 — 2025-04-01 03:29:03 UTC

This website explains how the housing market has changed since 1987 and the affects it has had on the population living here. I chose this website because it gives first hand prospective into people affected be rising price in housing.

Video #4

teiganpritchard1 — 2025-04-01 03:32:12 UTC

This video dives into how renting has been affected in Toronto which can help people in the area understand what is happening with the market. I chose this video because it shows a lot of information from close buy which allows for you to relate more with the information.

What did you learn about your topic that surprised you the most?

teiganpritchard1 — 2025-04-01 03:34:44 UTC

During my research about renting vs buying I was most surprised about how much the pricing in the housing market has gone up. The craziest fact I saw during this research is that mortgage rates have increased 4-% in the last 5 years which is an insane amount.

Provide a real-life example of how this topic is relevant or interesting for you.

teiganpritchard1 — 2025-04-01 03:36:01 UTC

This topic is relevant to me because in a few years I am gonna have to figure out what would be best for me renting or buying in my circumstances and values.

If you could pass on your knowledge to a family member or friend, what do you think is the most important thing to pass on?

teiganpritchard1 — 2025-04-01 03:37:00 UTC

I think the most important thing to pass on is the pros and cons to both sides because it allows them to figure out what is best for them.