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067: Renting vs Buying
Archived series ("Inactive feed" status)
When? This feed was archived on October 11, 2019 01:32 (). Last successful fetch was on May 24, 2019 18:35 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 190592868 series 1327774
What are the benefits of renting vs. buying? Most people think the benefits of buying a home outweigh the benefits of renting but this is false. Most people never take into account the cost of opportunity lost. It’s almost never better to own. Instead, you should rent what you own. The more doors you have the better.
1. Renting is cheaper.
2. Nobody should own.
3. Even rich people shouldn’t own, although if you’re rich, it doesn’t matter if own—because you’re rich.
Buying leaves you with no mobility. Freedom should be your mantra, not a house. Don’t use the excuse, “Well, I’ve got to live somewhere.” That doesn’t mean you need to buy because you don’t just need to own something, you need cash flow!
58 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on October 11, 2019 01:32 (). Last successful fetch was on May 24, 2019 18:35 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 190592868 series 1327774
What are the benefits of renting vs. buying? Most people think the benefits of buying a home outweigh the benefits of renting but this is false. Most people never take into account the cost of opportunity lost. It’s almost never better to own. Instead, you should rent what you own. The more doors you have the better.
1. Renting is cheaper.
2. Nobody should own.
3. Even rich people shouldn’t own, although if you’re rich, it doesn’t matter if own—because you’re rich.
Buying leaves you with no mobility. Freedom should be your mantra, not a house. Don’t use the excuse, “Well, I’ve got to live somewhere.” That doesn’t mean you need to buy because you don’t just need to own something, you need cash flow!
58 episodes
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