In Toronto's hot real estate market it seems like the only advice we are given in BUY NOW
but with prices so high , should millennials be putting owning a home on the top of their priority list?
These experts say NO ...
Shocking right ... but maybe they're onto something.
Check out the opinions I've compiled from some professionals who believe that owning may not be the answer for everyone.
Alex Avery says "the perception of home ownership is a lot different than reality"
He has released a book called The Wealthy Renter where he breaks down these misconceptions. Check out this interview with Alex from BNN .
Kevin O'Leary of Dragons Den and Shark Tank is a superstar investor ... Here is his opinion on homeownership
Next we have an article explaining the other side ... a millennial who has chosen to take buying a home off of his list.
I'm 31 and make $130,000 per year. I could buy a house tomorrow if i wanted. I don't. I'd rather travel, drink expensive wine and eat at the best restaurants. And I'm not alone.
Have these three opinions swayed yours at all ?
Let me know in the comments your thoughts on the Rent vs Buy Debate !