Yea people like to exaggerate to make their point.nonsense. find me a house in the city for less than $350K that is not falling apart.
condo fees almost as much as rent.... lol.
I sold a condo to buy a house as I dislike condos but for some people a condo is the best option. I was paying 300 in condo fees in Spadina and front on the City Place condos, however that is below the average for condo fees, the highest i heard in the area was 900 a month, which is ridiculous but no where close to the 1800 up to 3 or 5 k someone will pay for rent in the same area. Even a ****** apartment these days is 1400 for rent is shady areas.
For some people renting is the best option, for some people a condo is for others like me a house is the best option.
I bought a new house about years 2 ago, I am now selling it for an asking price of 200k more than what it cost, I am not going to sell it for the asking price but already got a low ball offer for an amount that will (after commission, land transfer and lawyer fee) put me ahead by aproxm 80k. If I was renting I wouldn't have made that money.
But like I said for some renting is the best option, I am not sure why people get so pissy about the rent vs own argument