Quote:
Originally Posted by amateurcanada
Easy, renting from anyone is the worst investment anywhere. The cost different of a rental (assuming 500+) is the difference between a 400,000k home and a $750,000 one  not many can say they have a 350k office and im sure it would look glorious while keeping your eggs at home just in case. |
So wrong.
With today's still declining real estate values NOW is the the time to rent. Every month you pay your rent, the place you are staying in is losing equity and its your landlords loss.
Commercial real estate will take longer to recover than residential.
Don't try to time buying at the bottom. Buy during the upswing.