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Michael Rigillo's Blog Posts

Buy or rent a home: Which is better financially?

For generations, Canadians have been asking themselves this important question: ‘Is it better to buy a home or rent?’ On the one hand, owning comes with more responsibility and higher

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Canadians are taking their housing affordability concerns all the way to the ballot box in this federal election …And federal leaders seem to be paying attention

For the second time in less than two years – which have been largely defined by an ongoing global pandemic – Canadians will head to the polls in a federal election later this month.

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Young Canadians split on preference of city versus country living

The old adage “location, location, location” perpetuates the notion that proximity to amenities is one of the most important factors when choosing a place to live. This is especially

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Is the First-time Homebuyer Incentive right for you?

To make it easier for first-time homebuyers to get into the market, the federal government unveiled an incentive where the government contributes to the purchase of the home through a shared.

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Sold over asking: What does this mean for home buyers?

In a hot seller’s market with low inventory and house prices rising in many regions in Canada, many homebuyers are paying over the asking price. For example, a Bank of Canada report

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Can I afford a cottage?

For many, a big part of the Canadian dream is owning a vacation property in cottage country; a serene place near the water where the family can gather on weekends in the summer to relax, recharge

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Building wealth through investment properties is surprisingly high among young Canadian homeowners

Canada’s housing market is facing an affordability crisis affecting everyone from new Canadians, to young professionals with large student loans, to first-time buyers struggling to get on the

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