Very true. Assuming you've crunched carrying costs to figure out your roi then i would rent it out. Ive got a couple rental properties and my rent has dropped drastically over the last 2 years... quality of tenants isnt as great. For me the rental market is a lot more competitive.
You could post your place for rent and see what sort of responses you get.
You'll need to factor your costs to buy a new place.. for example cmhc fees if your not placing 20 percent down. You would avoid these if you ported your mortgage.
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