It really all depends on your job, salary, expenses, savings, and future plan. In my own opinion, it's ultimately better to own a home than renting one. Once your home loan has been paid off then you can stay without any worries. Owning a home can be the first priority while other things like a car, appliances, etc. can wait. If you are interested in buying a house it might also be wise to consider a trusted home building developer in your area. You could check Paradise Developments and their communities in GTA as their communities combine qulity and affordable prices.
