Rey: Depending on your circumstances, renting or buying a home can be a smart financial decision. Ryan: Of the tin cities in our study where buying a home is more favorable than renting, five are in the midwest. Riwhat britten: Some areas of tampa bay have seen 67% rent increase year over year. Eon: What we're learning is some markets it makes more sense to rent for the longest time then 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
Join The Minimalists Private Podcast: minimalists.com/support