Is It Better to Rent or Buy a Home?
Money For the Rest of Us
The Importance of Understanding What Drives the Performance of Asset Classes
When you own a home in the total return is going to depend on certainly the home appreciation, which is average 1% real across much of the developer world per year. It also depends on what your cost are, what are the taxes, what is the insurance, and what is the ongoing repair to maintain the home. So ultimately it depends on the life you want, where you live, whether renting is more advantageous or buying a home. That then is episode 435.
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