{"panels":[{"content":{"params":{"text":"

Advantages<\/strong><\/p>\n\n

\n\t
Easy to move<\/strong><\/li>\n\t
Fewer responsiblities for maintenance<\/strong><\/li>\n\t
Minimal financial commitment<\/strong><\/li>\n<\/ul>\n\n
Disadvantages<\/strong><\/p>\n\n
\n\t
Limitations regarding remodeling<\/strong><\/li>\n\t
May have restrictions regarding pets and other activities<\/strong><\/li>\n\t
More frequent moves may be costly<\/strong><\/li>\n<\/ul>\n\n
<\/p>\n"},"library":"H5P.AdvancedText 1.1","subContentId":"1510f152-5acc-4e71-a993-e726693bea23","metadata":{"contentType":"Text","license":"U","title":"Untitled Text"}},"title":"Renting (Apartment)"},{"content":{"params":{"text":"
<\/p>\n\n
Advantages <\/p>\n\n
\n\t
\n\t
Easy to move; less maintenance<\/p>\n\t<\/li>\n\t
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More room than apartment<\/p>\n\t<\/li>\n\t
\n\t
Minimal Financial commitment<\/p>\n\t<\/li>\n<\/ul>\n\n
Disadvantages <\/p>\n\n
\n\t
\n\t
Higher utility expenses than apartment<\/p>\n\t<\/li>\n\t
\n\t
Limitations regarding remodeling<\/p>\n\t<\/li>\n<\/ul>\n"},"library":"H5P.AdvancedText 1.1","subContentId":"88d234d0-b480-4d98-b175-1bb90bed185e","metadata":{"contentType":"Text","license":"U","title":"Untitled Text"}},"title":"Renting (House)"},{"content":{"params":{"text":"
<\/p>\n\n
Advantages <\/p>\n\n
\n\t
\n\t
No previous owner<\/p>\n\t<\/li>\n\t
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Pride of Ownership<\/p>\n\t<\/li>\n\t
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Capital gains exemption on sale, if principal residence<\/p>\n\t<\/li>\n\t
\n\t
Warranty in some provinces if builder is registered<\/p>\n\t<\/li>\n<\/ul>\n\n
Disadvantages <\/p>\n\n
\n\t
\n\t
Financial commitment<\/p>\n\t<\/li>\n\t
\n\t
Higher living expenses than renting<\/p>\n\t<\/li>\n\t
\n\t
Limited mobility<\/p>\n\t<\/li>\n\t
\n\t
Pay HST\/GST<\/p>\n\t<\/li>\n<\/ul>\n"},"library":"H5P.AdvancedText 1.1","subContentId":"9dfe04e0-9e33-4a5b-861d-e6af3238846a","metadata":{"contentType":"Text","license":"U","title":"Untitled Text"}},"title":"Owning (New House)"},{"content":{"params":{"text":"
<\/p>\n\n
Advantages <\/p>\n\n
\n\t
\n\t
Pride of ownership<\/p>\n\t<\/li>\n\t
\n\t
Established neighbourhood<\/p>\n\t<\/li>\n\t
\n\t
Capital gains exemption on sale if principal residence<\/p>\n\t<\/li>\n<\/ul>\n\n
Disadvantages <\/p>\n\n
\n\t
\n\t
Financial commitment<\/p>\n\t<\/li>\n\t
\n\t
Possibility of repairs or replacements<\/p>\n\t<\/li>\n\t
\n\t
Limited mobility<\/p>\n\t<\/li>\n<\/ul>\n"},"library":"H5P.AdvancedText 1.1","subContentId":"6fc942b4-1ac3-4b75-9f25-433ec7e4f9a0","metadata":{"contentType":"Text","license":"U","title":"Untitled Text"}},"title":"Owning (Previously Owned House)"},{"content":{"params":{"text":"
<\/p>\n\n
Advantages <\/p>\n\n
\n\t
\n\t
Fewer maintenance responsibilities than house<\/p>\n\t<\/li>\n\t
\n\t
Usually good accessibility to Recreation and business districts<\/p>\n\t<\/li>\n\t
\n\t
Capital gains exemption on sale if principal residence<\/p>\n\t<\/li>\n<\/ul>\n\n
Disadvantages <\/p>\n\n
\n\t
\n\t
Less privacy than house<\/p>\n\t<\/li>\n\t
\n\t
Financial commitment<\/p>\n\t<\/li>\n\t
\n\t
Uncertain demand affecting property value<\/p>\n\t<\/li>\n\t
\n\t
Potential disagreements with Condominium Association regarding rules<\/p>\n\t<\/li>\n\t
\n\t
Monthly condominium fees<\/p>\n\t<\/li>\n<\/ul>\n"},"library":"H5P.AdvancedText 1.1","subContentId":"1c80672c-7248-4340-b8bb-aa47e7462c31","metadata":{"contentType":"Text","license":"U","title":"Untitled Text"}},"title":"Owning (Condominium)"},{"content":{"params":{"text":"
<\/p>\n\n
Advantages <\/p>\n\n
\n\t
\n\t
Ownership in form of nonprofit organization<\/p>\n\t<\/li>\n<\/ul>\n\n
Disadvantages <\/p>\n\n
\n\t
\n\t
Frequently difficult to sell<\/p>\n\t<\/li>\n\t
\n\t
Potential disagreements among members<\/p>\n\t<\/li>\n\t
\n\t
Other members may have to cover costs of unrented unit<\/p>\n\t<\/li>\n<\/ul>\n"},"library":"H5P.AdvancedText 1.1","subContentId":"e8285810-b75d-4e2f-946b-1dc6a2875245","metadata":{"contentType":"Text","license":"U","title":"Untitled Text"}},"title":"Owning (Co-operative)"},{"content":{"params":{"text":"
<\/p>\n\n
Advantages <\/p>\n\n
\n\t
\n\t
Less expensive than other ownership options<\/p>\n\t<\/li>\n\t
\n\t
Flexibility and selection of Home features and appliances<\/p>\n\t<\/li>\n<\/ul>\n\n
Disadvantages <\/p>\n\n
\n\t
\n\t
May be difficult to sell in future<\/p>\n\t<\/li>\n\t
\n\t
Financing may be difficult to obtain<\/p>\n\t<\/li>\n\t
\n\t
Construction quality may be poor<\/p>\n\t<\/li>\n\t
\n\t
Asset depreciates in value<\/p>\n\t<\/li>\n\t
\n\t
Other members may have to cover costs of unrented unit<\/p>\n\t<\/li>\n<\/ul>\n"},"library":"H5P.AdvancedText 1.1","subContentId":"8e346a8c-0114-47a5-b6b6-c51d20fcf30c","metadata":{"contentType":"Text","license":"U","title":"Untitled Text"}},"title":"Owning (Manufactured\/Mobile Home)"}],"hTag":"h2"}