Everyone needs a house. Getting a dream house is one of the biggest achievements anyone can have in their life. Owning a house always brings security to your future. Due to the fast-rising property and mortgage rates, it is difficult to own a home. It is not possible for everyone to own a house hence renting a house is the only option left. According to 2018 Canadian Rental Housing Index Backgrounder, $1,279 is the average rent of Alberta province with 32% of rental houses in the country. Renting a home can be a permanent or temporary decision depending mainly on the financial situation and other circumstances. Well, both the options have some pros and cons. One has to consider a lot of things before buying a new home or rent a house. Lets us get…