Conventional wisdom has told us that renting is 'throwing away money'. However, when we take a deeper dive into the recurring costs associated with owning a home, you can quickly see the renting versus buying decision becomes much more complicated.

In this episode, I discuss the different costs associated with owning a primary residence.

Especially for the first time homebuyer, it's crucial to understand when buying can make sense and when it may not be a desirable return on investment.

Ultimately, you cannot make a blanket statement about real estate as an INVESTMENT. I caution you to consider it a lifestyle asset that retains its value.