Should I buy or rent a home in Quebec City?
If you have not spent a lot of time in Quebec City, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Quebec City can be a great investment. If you plan to stay in Quebec City for a long period of time, it might makes sense to buy. When you buy a home you have the ability to customize the home, build equity over time through mortgage payments, and enjoy the benefits of home ownership. You can also take advantage of any applicable tax deductions. On the other hand, you might benefit from renting a home or an apartment. Renting is generally less expensive than buying, and it also allows you more mobility should you decide to move after a few years. Additionally, renting can be less risky because you don't have to worry about potential legal or financial complications associated with buying and selling a home," remarked another expat in Quebec City, Canada.
Other Questions:
- What should I pack when moving to Quebec City?
- Where should I setup a bank account in Quebec City?
- Will I be able to find a job in Quebec City?
- What is life like in Quebec City?
- What do expats in Quebec City appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Quebec City?
- Is there a lot of diversity? Are people in Quebec City accepting of differences?
- What are the schools in Quebec City like?
- What are healthcare services like in Quebec City?
- What are medical services in Quebec City like?
- Are healthcare and health insurance expensive in Quebec City?
- What are emergency services like in Quebec City?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Quebec City?
- How are local medical facilities in Quebec City?
- As a foreigner living in Quebec City, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in Quebec City?
If you live in Quebec City, newcomers to Quebec City would love to hear your answer to this question.