They’re about to head back to school and for many first year university students the accommodation choice is easy; the dorms. For those heading back to college though they are often seeking a bit of independence and that is presenting challenges in many areas. The rental markets are tight in a lot of our major cities and many students are finding that they can’t find anywhere affordable to live. For those who rented last year, the leases may be ending and not being renewed at the same rates. An option for some families is for mom and dad to buy an investment property
. Their kids get to use it while studying and in three or four years’ time they can sell or put it on the rental market.
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