The Wealthy Renter

Alex Avery

ISBN 10: 145973646X / ISBN 13: 9781459736467

Published by Dundurn Group Ltd, CA, 2016

About this Item

A National Bestseller!Why be house poor when you can rent rich?"Why rent when you can buy?" More than any other, this phrase captures the overwhelmingly unanimous promotion of home ownership to Canadians. Real estate agents, mortgage brokers, family, friends, and even the government promote ownership as a safe, attractive, and sure-fire path to personal wealth. This one-size-fits-all advice ignores the reality of Canada's housing market. Canadians deserve better advice.Faced with expensive house prices in a near-zero interest rate world, it's time Canadians heard the virtues of renting and seriously considered renting as an alternative to home ownership. Real estate analyst Alex Avery insists renting offers a simple, more affordable way to live, plus in Canada's frenzied housing market, going month-to-month is dramatically lower risk. He claims the reputation of home ownership as a wealth building strategy is unfounded and shows renters how to replace bricks-and-mortar with better investment opportunities.

Seller Inventory # LU-9781459736467

Bibliographic Details

• Title: The Wealthy Renter
• Publisher: Dundurn Group Ltd, CA
• Publication Date: 2016
• Language: English
• ISBN 10: 145973646X
• ISBN 13: 9781459736467
• Binding: Paperback
• Condition: New
• Weight: 319 grams

About this title

Synopsis

A National Bestseller!

Why be house poor when you can rent rich?

“Why rent when you can buy?” More than any other, this phrase captures the overwhelmingly unanimous promotion of home ownership to Canadians. Real estate agents, mortgage brokers, family, friends, and even the government promote ownership as a safe, attractive, and sure-fire path to personal wealth. This one-size-fits-all advice ignores the reality of Canada’s housing market.

Canadians deserve better advice.

Faced with expensive house prices in a near-zero interest rate world, it’s time Canadians heard the virtues of renting and seriously considered renting as an alternative to home ownership. Real estate analyst Alex Avery insists renting offers a simple, more affordable way to live, plus in Canada’s frenzied housing market, going month-to-month is dramatically lower risk. He claims the reputation of home ownership as a wealth building strategy is unfounded and shows renters how to replace bricks-and-mortar with better investment opportunities.

About the Author

Alex Avery is a top-ranked institutional equity research analyst, who advises institutional investors on real estate investments. He lives in Toronto.