Ways to Means

10. Rent vs Own

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This week, we continue talking about home ownership and compare the financial impact of renting vs owning a home. We talk through common costs and benefits to home ownership, the average US homebuyer and home purchase, how local markets should affect your decision, and how policy and structural forces influence who benefits most.

Sources:

  • “Is Buying a Home a Good Investment?” Nick Holeman, CFP
  • “Millenials Should Be Happy They are Stuck Renting,” Gary Shilling (paywall)
  • “Where to Buy: Price-to-Rent Ratio in 84 U.S. Cities,” Nice Wallace
  • “OK Boomer: Renting is Better than Owning,” A Lawyer and Her Money: Financial Freedom for Female Lawyers Blog.
  • “Is There an Upside to Renting?” Carrie Schwab-Pomerantz
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    Ways to MeansBy Hannah Morgan & Susanna Ronalds-Hannon
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