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Renting vs. owning: Which one makes more financial sense?

CBC

27-05-2025

Business
CBC

Renting vs. owning: Which one makes more financial sense?

With moving day in the city on the horizon, many Montrealers are reevaluating their housing choices. Is continuing to rent just throwing money away — or can it actually be a smart financial move? We spoke to financial literacy coach Beverly Wilks to learn the pros and cons of renting versus buying, and why renting might not be the bad deal some people think it is.