Mini bump, this article was on the front page of The Province and gave an ok balance of both sides of the argument, although it does still seems like it leans heavily towards buying:
Buy or wait: The dilemma for first-time B.C. homebuyers
Including points I mentioned such as:
Quote:
Some people argue that it makes more sense to rent and invest one’s savings in assets that deliver higher returns, he acknowledges.
“Not everyone is disciplined enough to do that,” Yu says.
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Full disclosure though, due to some recent revelations, I am (unexpectedly) likely going to find myself buying in the next half year or so, due to the many intangible/inquantifiable reasons to owning; as I mentioned previously.
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Quote:
Originally Posted by skyxx
Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good!
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