If you are unsure of which path to choose when it comes to owning your own home or renting a place you can call your own, then you will find this artical helpful. It gives a clear list of pros and cons for both options.
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http://www.theglobeandmail.com/globe-investor/investor-education/investor-education-fund/home-and-real-estate/rent-or-buy-which-is-better-for-me/article4203794/
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.