![]() ![]() Unfortunately, at times, his arguments do not make sense. The whole point of this book is to advocate for renting, so I get that Avery would really push for it. I wholeheartedly agree with this…provided renting is cheaper than owning. The biggest financial benefit of renting presented in the book is when the tenant actually invests the difference between the cost renting and the cost of owning. Renting is overall, more flexible….but don’t we all know this already?! ![]() There absolutely are benefits to renting, particularly in Canada when tenants are not responsible for home maintenance and repairs. I like that Avery dispels a few common myths surrounding home ownership and tries to best address the unhealthy obsession Canadians have with it. the wealthy renter definitely presents a different point of view…. This division provides research and analysis on real-estate companies. He currently is the Managing Director of Institutional Equities at CIBC. This book does exactly that and it is geared towards Canada.Īlex Avery is a CFA® and holds an MBA in Finance. ![]() If you do some internet search, there aren’t that many articles, posts or books advocating for renting. It seems like the remaining 30% is obsessed with joining-in. The Federal government estimates about 70% of Canadians own their homes. The home ownership dream is very alive and well in Canada. ![]() Please note I did not receive compensation to review this book. ![]()
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