Canadian Real Estate Buyers Pay Steep Premiums To Own Vs Rent

Author: ExternaL AuthorR | | Categories: Bad Credit Mortgage , Best Mortgage Rates , Home Mortgage Purchase , Mortgage Agent , Mortgage Broker , Mortgage For Purchase , Mortgage Pre Approval , Mortgage Pre-Approvals , Mortgage Refinance , Mortgage Renewal , Mortgage Services , Mortgage Solutions , Mortgage Specialist , Self Employed Mortgage

Canadian real estate buyers pay steep premiums to own, compared to their global peers. IMF research shows Canada’s house price-to-rent ratio, the difference between renting and buying, is one of the highest in the world. Owning a home in Canada more closely resembles ratios in countries like Latvia and Slovak Republic, than countries like the US and Australia.

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Original Article Source Credits: Better Dwelling ,

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