345 | Homeownership vs. Renting
The Minimalists
00:00
Renting in Los Angeles Is More Favorable Than Buying
Ryan: Los angeles has the fifth highest median home value, just around 700 thousand dollars. In some areas, like this neighborhood, i a teardown home a few blocks from here, two point seven million dollars for a tear down home. So there's hat additional cost and then you got to build a house on top of it. This is really making me feel good about renting in los angeles actualy. Ryan: There are other reasons why we moved out of los angeles county. We'll talk about those on the maxwell episode.
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