Living Wealthy

Ep 26: Renting vs Buying- Asset, Liability, or Lifestyle Choice?


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In this episode of Living Wealthy, Nick Poppe tackles the age-old debate: should you rent or buy your home? He breaks down common myths, like “renting is throwing money away” and “owning is always an investment,” showing why both sides miss the full picture. Nick explains the financial and lifestyle trade-offs between renting and buying, covering stability, control, forced savings, leverage, and lifestyle value.

He also explores perspectives highlighting how different philosophies frame housing as a liability, an asset, or a strategic move depending on your situation. Using real-world examples, Nick shows how factors like appreciation, maintenance, leverage, and lifestyle goals can make one option better than the other.

The takeaway: there’s no one-size-fits-all answer. Renting offers flexibility and predictable costs, while owning provides stability and the chance to build equity. Your choice should fit both your financial plan and the lifestyle you want to live.


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Living WealthyBy Nick Poppe