Skip to main content

The Globe and Mail

Carrick on money: Gen Y quandary - buy a home or rent?

buy vs. rent

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Gen Y quandary: Buy a home or rent?
A thorough discussion of buying versus renting for young adults, complete with an online calculator. Gen Y, the point is made here that renting isn't as bad as your parents may say it is.

OK, you want to buy. Here's a Toronto-centric view on what you need to know about buying a first home.

Story continues below advertisement

Clash of the titans
Hedge fund billionaire Bill Ackman is trying bring down a nutritional supplement company called Herbalife because he thinks it's a pyramid scheme. Betting against him are billionaires Dan Loeb and Carl Icahn. Let the games begin.

How to cut hotel costs
A tutorial on how to use the website Priceline to land cheap hotel rooms. Done this myself, folks. It works.

More money
Join the 21,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

Report an error Licensing Options
About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998.Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More


The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨

Combined Shape Created with Sketch.

Globe Newsletters

Get a summary of news of the day

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at