Should I buy or rent a home in Waterloo?

"The decision to buy or rent a home in Waterloo may depend on several factors such as your financial situation and personal preferences. If you have the ability to purchase a home with cash or you qualify for a mortgage, buying a home may be a more reliable and cost-effective option in the long run. Buying a home offers certain advantages such as a possibly appreciating asset, the ability to customize, and the freedom to move without restrictions. Renting a home may offer the advantage of avoiding a large down payment and the flexibility to switch neighborhoods more easily. Ultimately, the decision will depend on your individual circumstances and needs," mentioned another expat when asked about moving to Waterloo, Belgium.