Three Tales of Financial Triumph (with Jonathan Clements)
The Stacking Benjamins Show
00:00
The Rent vs. Buy Thing
Dennis, who bought a $300 apartment in the 1980s, has now sold it and moved to Southern California. He says he would have been better off living elsewhere if he'd just dealt with his laundry being stolen or something like that. Jonathan Gruber: The reason you buy a house is not for the home price appreciation. But what you do when you buying a house is one, you force yourself to save with every monthly check,. And two, you lock in your housing costs.
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