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I answer whether it is cheaper to rent or buy a home. Renting vs buying a home can be controversial. Many people believe that renting a home is throwing away money, whilst others believe that the answer to the rent vs buy question is to rent and invest the money you save. People like Dave Ramey and Graham Stephan have covered this question, but I wanted to do an even more accurate and in-depth analysis on whether it is better to buy or rent a house. I talk about buying vs renting a house over a 13 year period. Renting vs owning a home requires a few assumptions, and I made sure to make them both realistic and accurate. If you’ve ever wondered Is it cheaper to rent or buy a house, should I rent or buy a house, should I rent or sell my home, should I rent or buy a home in 2023, then this is the video for you!
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Everything in this video is of my own opinion and could be wrong. I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.