<prompt> Human: Heres the example: my city, Toronto is very expensive to buy, so heres how price, rent, and investment look rent is expressed annually:TORONTO HOMEPrice to Rent 32;Capital Investment 20 200,000 Mortgage;Price 800,000;Rent 25,000 ;If i want to live here, i can rent for 25,000 annually 2,100mo or I could purchase for 200,000 and pay a mortgage. What are these metrics in a city with a better PR ratio, when we hold the capital investment equal: WINDSOR FAVOURABLE PRPrice to Rent 25;Capital Investment 20 200,000 Mortgage;Price 800,000;Rent 40,000;If i want to live here, i can rent for 40,000 annually or I could purchase for 200,000 and pay a mortgage. Rent: 40k versus 25k.Which brings me to my question: why not buy not invest 200k in Windsor, earn 40k in income, and rent in Toronto at 25k annually, leaving me a 15k pre-tax surplus?Note: Windsor housing prices are much cheaper, so 200k would purchase 2-3 homes there. The absolute PR numbers just matter relative to each other. So you may google and find Toronto at 22 and Windsor at 16 or something. Toronto  <response>: A 600k mortgage at 4.5 is going to cost you 3,040.11mo or 36,481.32year. The yearly difference on renting it out for 40,000year is 3,518.68. Id expect property taxes on an 800k house to be more than that. What about maintenance? What if you cant find a tenant? 