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Buy or Rent Debate

Two Globe and Mail editors, one a renter and the other a first-time condo owner, face-off about Toronto's rental and condo market. The renter says by not purchasing a house, she's saving money while the owner believes his investment will increase in value and likes the freedom to renovate. The renter likes being able to live in a great neighbourhood that she couldn't otherwise afford while the downside is no dishwasher and having to share a coin laundry. [Globe]