Why Rental Prices Will Increase Interest in Vancouver, BC Real Estate

When discussing the differences between renting a property and investing in one, the argument commonly swing in favour of the other depending on when the property is needed, and how much of a budget is available. Renting is commonly most favourable when there is an immediate need for a place to stay and the individual’s finances does not allow for any form of real estate purchase. Investing in a property on the other hand, may be more costly up front, but when done right, is proven to be more advantageous in the long run. Considering the Vancouver real estate market status, investing may be the optimum choice, even for those who are looking to “just” rent.
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