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6min chapter
MtoM #173: Hospitalist Pays Off Student Loans in 2 Years and Finance 101: Buying a House as a Resident
White Coat Investor Podcast
Financial Considerations of Buying a House as a Resident
Exploring the financial implications of purchasing a house during residency, including the hidden costs beyond mortgage payments and the comparison between renting and buying in terms of transaction expenses. The chapter cautions residents to carefully assess the financial feasibility of homeownership and highlights the advantages of renting in terms of predictability of costs and reduced maintenance responsibilities.
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highlights
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