The "Rent Is Throwing Money Away" Myth

Описание: Everyone says renting is throwing money away. But when you run the actual
Surrey numbers — the CMHC premiums, the strata fees, the property tax, and
what your first mortgage payment is actually paying down — the math gets a
lot more complicated.

In this episode, we break down:
→ Real ownership costs on a $975K Cloverdale/Fleetwood townhouse
→ How much of your mortgage payment goes to interest in Year 1
→ The monthly cost gap between renting vs owning in Surrey right now
→ When buying actually wins — and when it doesn't
→ Why renting WITH a plan can be the smarter move

This is Episode 4 of 6 in the Financial & Economic series for Surrey
first-time buyers. New episode every week.

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🏠 Episode 1: Confusing Bank Approval With What You Can Actually Afford
📦 Episode 2: The True Cost of Ownership — Beyond the Mortgage
💰 Episode 3: Why Draining Your Savings on a Down Payment Is a Trap
📈 Episode 5: How Interest Rates Quietly Change Your Real Purchase Price [coming soon]