O2O is designed to create wealth; savings are a by-product of shifting your mindset from paying someone else to paying yourself. “Check The Numbers“
Short answer. If you run the numbers, you’ll find that over a five-year period, rental payments (plus hydro and insurance) are nearly double the home ownership costs (down payment plus mortgage plus home maintenance). Specifically, five years of renting will cost approximately [$X], while owning a home for the same five years would cost [$Y].