The competition for Ottawa rentals in the nation’s capital is heating up. Prospective tenants who were battling it out for rental units and could afford more money were trying to pay amounts that exceeded those that were on the listings, interestingly enough. We never had that situation of cutthroat competition for rental units in Ottawa before.
People often feel anxiety about one big question. It’s one that revolves around renting versus buying. There are so many pros and cons that are typically associated with both options. If you’re currently pondering which route is optimal, you should take the time to study up on both. It can help you greatly to assess all of the reasons that make Ottawa rentals the preferable strategy as well. At Strongback property management we see many people these days are favoring renting over purchasing and with good reason. If you find yourself asking why you should rent instead of buy, these answers may save the day for you.
