Are you tired of hearing that renting is “throwing away your money”? This is one of the many myths people tell you to justify buying a home. However, the truth is that renting is actually the new wealth creation, especially in today’s market. In fact, a renter can save over $3,000 compared to someone who owns a home in a high-price market. In this course, Brighton Gbarazia, a former banker who has worked for some of Canada’s largest banks like Scotiabank and CIBC, and author of “Master Your Mortgage: What the Bank Will Not Tell You About Buying the Right Home”, explains why this is the best time in history to be a renter. He makes a solid case for why renting today is better than buying, and outlines the cost differences between the two options. It’s time to break free from the old saying of “renting is throwing away your money” and embrace the new truth
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