I would totally disagree based on rates here unless you're talking short term not lifetime. It may be different elsewhere but the numbers work here. If you rent for $1600 per month and it never goes up after 25 years you've spent $480k and have nothing to show for it. Your landlord even if kicking in $200 a month for 25 years including taxes, rent gaps, insurance, upkeep etc will have quadrupled his out of pocket and be sitting on a paid for easily half million dollar asset, and I'd bet that's conservative in 25 years. The places in the link below would get you $1700-1800 minimum per month and be rented tomorrow with a mortgage a bit over $300k, debt servicing can be under $1500 with a modest downpayment. https://www.realtor.ca/real-estate/...reet-campbell-river-z1-campbell-river-central This is an apartment, $1800; https://comoxvalley.craigslist.org/apa/d/campbell-river-trails-edge/7025308229.html This is a 1 bedroom for $1250; https://comoxvalley.craigslist.org/apa/d/campbell-river-leishman-mews-townhouse/7031116068.html Here's a suite for $1750; https://comoxvalley.craigslist.org/apa/d/campbell-river-brand-new-ground-floor/7031048476.html I don't understand the trick you talk about. @slaydown buy a rental here!