Awards

• Commended for Dewey Divas and the Dudes Fall 2016 Picks 2016 (Canada)

Overview

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.

Full Product Details

Author:   Alex Avery
Publisher:   Dundurn Group Ltd
Imprint:   Dundurn Group Ltd
Dimensions:   Width: 15.20cm , Height: 2.50cm , Length: 22.80cm
Weight:   0.318kg
ISBN:  

9781459736467

ISBN 10:   145973646
Pages:   200
Publication Date:   17 November 2016
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock  
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

Table of Contents

Contents Chapter 1: The Stakes Are High — Where We Live Defines Our Lives Chapter 2: The Cult of “Why Rent When You Can Buy?” Chapter 3: Repeat After Me: Renting Is Okay! Chapter 4: Rent — Something Everyone Pays. Always. Chapter 5: The Canadian Housing Market Chapter 6: What Really Drives Real Estate Prices — The Golden Rule Chapter 7: What Really Drives Real Estate Prices — Demand for Housing Chapter 8: What Really Drives Real Estate Prices — Supply of Housing Chapter 9: The Big Six Chapter 10: The Ugly Numbers Chapter 11: Leverage: Seductive and Deadly Chapter 12: Beyond Weak Returns, Housing Is Just a Terrible Investment Chapter 13: Investment Creep Chapter 14: Everyone Wins When You Buy a Home (Except Maybe You!) Chapter 15: Big Brother Wants You to Buy a House Chapter 16: What Have the Rule Makers Been Up To? Chapter 17: How Housing Can Dictate Your Career in Surprising and Unexpected Ways Chapter 18: Forced Savings: The Secret of the Wealthy Renter Chapter 19: Retirement and Housing Chapter 20: Seven Reasons Renting Is a Better Financial Decision Chapter 21: How to Be a Wealthy Renter Index

Reviews

There s a cure for this nation s narrow-mindedness about renting instead of owning a home. It s a new book called <i>The Wealthy Renter</i>. - Globe and Mail

Rent or Buy? Real estate analyst says buying comes with unexpected costs. - News 1130

Author Information

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

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