Housing is always a big factor that all Canadian has to think about in their life. There is always two big question while people are thinking about housing: rent or buy. From the past statistics, Canadians are in flavor of purchasing houses. However, the news is suggesting that renting maybe a better choice for some people. In big city such as Vancouver and Toronto, the price of housing is high. The rate on spending in income and housing is switching every year. Different percentage of mortgage rate is set every year. So, the money that people send on housing is different every year. For example, a house may only take $2,000 to rent and $3,000 per month to buy. People can save money just by renting houses and earning the difference. It can benefit them in the long run. However, since the housing in Vancouver always have a high demand. The price of houses is increasing throughout the past 10 years. It will be a smart investment for purchasing house rather than renting

http://www.cbc.ca/news/business/story/2012/11/06/rent-versus-buy.html