Young Calgarians and home ownership

A recent CBC news article interviews 3 young Calgarians and their thoughts on home ownership.  All three agree that the benefits of renting a home outweigh owning one.  Host, Marko Gelo, discusses some of the advantages of home ownership with John Darel (Calgary Realtor, Maxwell Realty).

Also, with all the recent mortgage changes…there’s been little talk about the impact on qualifying for investment rental mortgages. If would-be buyers get squeezed out of the market, then perhaps this might open the door for some to consider purchasing a rental investment property in anticipation of affluent tenants.