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    The Wealthy Renter: How to Choose Housing That Will Make You Rich
    The Wealthy Renter: How to Choose Housing That Will Make You Rich
    The Wealthy Renter: How to Choose Housing That Will Make You Rich
    Ebook177 pages3 hours

    The Wealthy Renter: How to Choose Housing That Will Make You Rich

    By Alex Avery

    4.5/5

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    About this ebook

    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.
    LanguageEnglish
    PublisherDundurn
    Release dateSep 10, 2016
    ISBN9781459736474
    Author

    Alex Avery

    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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    Reviews for The Wealthy Renter

    4.5/5

    3 ratings2 reviews

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    • 5/5
      Great book about real estate. Explains the positives of renting- Known costs and mobility-
      Also, it highlights the negatives of buying a home- Larger than expected costs, lack of mobility, too much concentration, getting the correct property-

      The author's insights are very useful but I believe he underappreciates the power of leverage when buying a home.

      Overall, great book to gain a better understanding about real estate-
    • 4/5
      All about the pros 9and cons) of renting (especially relevant to Canadians). Makes some very good arguments against being a homeowner, but also provides some good info and advice about being aware of the true cost of home ownership, so that the reader can make an informed decision regarding their best living situation (owning or renting).

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    The Wealthy Renter - Alex Avery

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