Where they live:Where they used to live:Commute now versus then:My landlord calls me a “lifer”—a lifelong renter. Some people might see that as an insult, but I don’t. I know that renting is my key to financial freedom. In 2012, I moved into a 500-square-foot basement apartment near Kensington Market. I was starting my career as a TV producer, and it made more sense for me to live downtown, close to work assignments, than with my parents at their place in Mississauga.
Because I work a lot and have a good job, people are often shocked when I say I have zero interest in buying a home in Toronto. I get it—I didn’t always think this way. When the market dipped during the pandemic, I perused listings because it felt like the adult thing to do. But, even though I could afford to buy a condo, I didn’t want to. I would like to own the kind of house we’re renting, but that’s a winning lottery ticket away.
Since shifting away from saving for a house, I’ve felt freer. I flew to Vegas recently and spent a week hiking in Zion National Park. I went to Colorado to see one of my favourite bands in concert. I have Blue Jays season tickets. I bought a really good couch. I go out for nice dinners, I get facials, I can afford to take time off between contracts if need be and I’m saving for retirement—all without being stressed about my budget.
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