S3 Ep13 - Chris and John Talk Rent vs. Buy
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Description
Chris knows all the buttons to push to get John, our resident housing bear, to pull out his rent vs. buy calculator:
1:37 - How should we start thinking about real estate
6:30 - Is renting just a phase of life
10:24 - Is there an equation for rent vs buy
15:33 - What is ‘pride of ownership’ worth?
19:25 - How to live in a housing bubble
24:24 - Rent vs Buy when you’re not living in Toronto or Vancouver
27:25 - John breaks down the rent vs buy math
33:07 - Is a house a tool for forced savings?
38:21 - The social pressure to own a home as a Canadian
43:51 - How does longterm renting work?
54:18 - Defining Step Zero
For full show notes please visit: http://www.becausemoney.ca/s3-ep-13-chris-and-john-talk-rent-vs-buy
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