Will You Still Love me In the Morning

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Eternal Question

Buy or Rent? It’s an age old argument that each camp persists in maintaining. This tool, courtesy of the New York Times, may help put some visual perspective into the debate.

Defining Tool

Plug in some numbers and paint your Vancouver Real Estate picture.

New York Times – Should You Rent or Buy Calculator

Convinced?

I’m around.

Got a Vancouver Real Estate question? I’ll do my best to answer it. Call or send me an email. Larry

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

Reader Comments:

March 22nd, 2008 at 10:20 am

I just used the Buy or Rent calculator. Yikes! If my home appreciation goes down to even plus four per cent at some point down the line, my numbers start looking pretty gloomy. It’s a good thing we’ve been going through booming times… but clearly, I may have to think about selling before the good times end.

When that might be, nobody really knows.

March 22nd, 2008 at 8:29 pm

Johnaton,

I wouldn’t cut your wrists yet. There is still a lot of good news for us in BC. BTW Plus 4 isn’t a negative number. I’m not an ultra booster but , my simple take on this is if you sold and broke even after 20 years what did it really cost you to have a roof over your head? It’s 0 compared to the rent you would have paid.
Somewhere along the line we lost touch with a house or apartment being a home as opposed to an investment. Ah for the simple things.

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