Anon, if you are a first time home buyer.
Put the 30K into self directed RRSP for 91 days.
Withdraw, tax free and use as a down payment on your first home.
Rent payments done…forever
You need to pay yourself back (contribute to an RRSP) the 30K over 15 years. Any year you do not pay back at least 2K and they will tax you on that years amount (yes at 48%)