A lot of cities in the west, in general, the rockies and on the west coast, have been priced out becausee the home prices have just sky rocketed. The investment side of things, i'd be really careful about that. But when we're talking about diversification, if 90 % of your assets are in your home, you may own your home. So what's the house ownership to gold ratio that i should own? A hundredor i guess, one to zero. Perfect.
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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