I live in Canada. My mom and I pay $950 with rent and everything included (and repairs and maintanence are included). We live in a small, quiet 3-storey building and we're on the top floor. We also have hardwood floors and they are renovating the balcony, roof and upgrading the windows soon. Since we live in a good, high class neighbourhood, the homes here are minimum $500,000 meaning the mortgage payment would be around$2000-$2500. So at least over $1000 more than we're paying now. My mom thinks we save a lot of money by renting. What do you think?
Read more: Renting or buying in this situation?
