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

buy vs. rent

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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.

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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.

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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

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