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Should I buy or rent a home in Quebec City?

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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:

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.


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Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
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