The average house price in the middle west is one point two million dollars. The medium annual rent is 23 thousand dollars, which is also the second highest. But it's still favor more favorable to rent in san francisco than to buy.
The Minimalists discuss the pros and cons of owning versus renting homes from a minimalist perspective, and they answer the following questions:
What are your respective opinions regarding owning versus renting homes? (01:48)
Is there an age deadline for homeownership? (10:57)
How do we determine which is more financially feasible for us between renting and buying? (14:44)
What are “Zoomtowns”? (25:07)
Do you consider tiny homes a viable homeownership option, particularly regarding resale value? (32:54)
What should we look for in a community when we’re ready to plant roots? (38:08)
Detailed show notes: minimalists.com/podcast
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