Gabriela is ready to move out of her parents’ home in Mississauga where she is living rent-free. The 27-year-old teacher has saved up a lot of money and wants to take the next step, but doesn’t know whether she should rent or buy property. “I want to move out ideally to my own purchased home or rent without a roommate,” Gabriela says. “I would like to know how to best allocate my money,” Gabriela says. I think anyone living at home with their parents should consider the cost of renting to quantify the benefit of living rent-free.

Source: thestar June 05, 2023 00:29 UTC