The reason I choose this website because I found that the information was very useful. Seeing the difference between renting and buying through actual number comparisons helped me understand that the money you would spend in a year of renting is not that much different from the money spent owning, therefore if you can rent you can save a little more to own. 

 

Instead of just reading about renting or buying and making your decision based on other individuals experience or opinions, I choose this website because it gives you and informed visual at what you are really working with when you are deciding to either rent or buy. Inserting the numbers gives you a concrete idea of what you can afford. And, it’s good information to have before you approach a lender.  

I have been thinking for a while about moving out and my first instinct was to finish school, get a well-paying job, and buy a condo or a semi-dethatched home, but after going in-depth with this topic I am on the fence. I still want to own a home but maybe its something that comes later on in life. After I’ve tried renting and saved some money for the future.   

If I could pass on my knowledge about this topic to a family member or friend, I think I would tell them to get that idea of owning being the better option out of their head. That its okay to rent, you’re not throwing your money away. I know that you may feel like this is the best way to make money but you can do the same thing through renting. With renting you are not What your actually doing is saving to invest in 

 

I choose this video because even though it was short, I felt it gave beneficial insight into renting and buying for the demographic that are the ones looking. I found it very useful to know that, the idea of truly owning that dream home will not take place until 2040.

 

I choose this video because it gives you the visual steps of what you need to know about buying a home. I found it interesting that in Toronto there is two taxes that you have to pay compared to Mississauga where there is only one. This was something that other videos I looked at did not discuss.  

 

I choose this video because it shows the experience of an individual that has seen, first hand the disadvantages of renting. What surprised me the most was the increase of her rent. I understand that as time progresses rent will go up but, the amount that it increased was unbelievable.

 

I picked this video because these tips give first time buyers great advice on where to start and what to look for when buying a home. Most people believe that buying a home is all about location, but I found that knowing your developer very important because if the developer cares it will show in the home that is built.