Buy Versus Rent

Is it better to buy or rent?

You can compare the costs of renting and buying equivalent homes using the “Buy Vs Rent Calculator” to find out whether owing your home is better than renting.

Buy versus rentThe calculator will show you after how many years, buying is better than renting.

Real estate prices in Richmond and other areas around Metro Vancouver have gained in value at more than twice the rate of rent increase. And, with the low interest rates at below 4%, the calculator shows that owing a home is better than renting.

If you have any questions on how to use the “Buy Vs Rent Calculator”, kindly call me at 604-721-4817.

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