Escaping the Real Estate Rat Race: Why Renting Might Be the Smarter Choice
Manage episode 407265938 series 3561886
In this episode of the podcast "Do More With Your Money," host TJ van Gerven discusses the societal pressure to purchase real estate as a primary residence. He highlights the changing cost of ownership and interest rate environment, urging listeners to consider their goals and run the numbers before making a decision. TJ breaks down the financial implications of owning a primary residence, emphasizing the time it takes to build equity and advising staying in a property for at least ten years. They question the wisdom of tying a large portion of net worth to a non-cash flow producing asset and encourage investing in the stock market and personal growth instead.
139 episodes