More Canadians than ever can't afford to buy a home. But is owning always better than renting?

By WNews 1 Min Read

Brandon Hepworth and his partner have come to terms with never owning a home. 

“It’s definitely not within our means,” he said. 

Hepworth and Lorie Ganley, both 28, live in a one-bedroom apartment in Montreal and are paying $1,200 a month in rent. Although buying was once something they discussed, rapidly rising housing prices have made home ownership unrealistic for them. 

“We would love to have a place, but it’s not something that we’re actively working on,” said Hepworth. 

- Advertisement -

The couple recently went back to school and are working part-time. Hepworth is studying electrical engineering while working an administrative job at

Share This Article
By WNews
Follow:
WNews bring the latest news in an objection, balance and honest.
Leave a comment
Reading: More Canadians than ever can't afford to buy a home. But is owning always better than renting?

(C) 2012 – 2024  | WNews Broadcasting Corp, a W-World Company | All Rights Reserved

Connect
with Us

Report a Error with this Story

Notice a error or facts with this story, please submit the information below and someone from our newsroom will review it and change if required