Khan Academy ( Bill Gates said the Salman Khan was his "Favorite teacher") YouTube video that does the math on buying a house versus renting:
What I like about this video is it lays out the analysis in a straightforward way and gets us to question conventional thought. Most people believe that buying is always better than renting and don't bother to do the math.
Thoughts and observations for those investing on their own or contemplating doing it themselves.
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Those who rented throughout the re crash will feel very good now!
ReplyDeleteIt's a difficult argument considering so many factors are involved. But this video gives an interesting perspective.