Should I buy or rent a home in Calgary?

If you have not spent a lot of time in Calgary, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Whether to buy or rent a home in Calgary depends on a variety of factors. Buying a home can be a great investment, as it can provide a steady source of income through rental income or appreciation of the property. However, it also requires a large upfront investment and ongoing maintenance costs. Renting a home can be a more affordable option, as it requires less of an upfront investment and no maintenance costs. It also provides more flexibility, as you can move to a different home more easily. Ultimately, the decision to buy or rent a home in Calgary, Canada should be based on your individual financial situation and lifestyle needs," wrote a member who made the move to Calgary, Canada.

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