Drawing Conclusions: Is renting really a waste of money?

Why it was recommended

The TL;DW is that if you compare a renter & a buyer from day 1 to the end of a 25 year mortgage, both the renter and owner will have roughly the same net worth.

Recommendationa_wild_dandan · Original2018-11

What it covers

A short Globe and Mail animated explainer on why renting can leave you as well off as buying a home. It walks through a rent-versus-buy comparison using Toronto numbers and. It is for a general viewer who does not plan to take a prerequisite first.

Video details

Channel

The Globe and Mail

Length

8 min 33 sec

Year

2015

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