Renting in downtown Calgary as an investment strategy
Today, the Globe and Mail has an article that highlights how millennials are using renting in downtown Calgary as an investment strategy to beef up their savings. They are finding that the costs of buying and maintaining a home are much more expensive than renting. They are being disciplined and shoring up their savings with the difference.
https://www.theglobeandmail.com/investing/personal-finance/gen-y-money/article-young-canadians-are-building-wealth-and-growing-nest-eggs-while/