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Should You Buy a Home or Rent? | Is Renting REALLY a Waste of Money?

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Homes are for a family There’s no sense in purchasing an asset you’re not prepared to fully utilize if you have no wife or children For those who believe in flipping homes or renting out should the desire arise, remember the damage this caused in the 2008 recession and the fact that real-estate prices are overly chaotic
Comment from : @RedDeadKBII

Nice vedio
Comment from : @thhhhg123

My financial advisor says the biggest waste of money is buying a home He believes you should only buy rental properties
Comment from : @LovingLifeHitchedUp

You go girl - I’m 76 and you are teaching me things !
Comment from : @natejohngalt7212

Good video! Doing the right thing at the wrong time almost never works out The timing of a home purchase is what makes the difference Strategic renting is valuable but sooner or later ya might want to make the jump and purchase A mortgage (price/principal and interest) stays locked in time (the time of purchase) But of course just buying a house at some point is not the answerit’s wise to “climb the ladder” of home ownership People want their parents’ home as their first home and that spells trouble lots of time It might take a couple decades and a few homes before you can comfortably afford a “dream” home
Comment from : @Santaheckler

Great video! One common mistake & usually perpetuated by realtors is that renting is throwing money away We've been renting for about 10 yrs & probably is a major factor in helping us build wealth When we're ready, we'll probably buy our 1st house
Comment from : @mattsonfire3992

bI hear this question a lot from my clients Thank you for sharing your thoughts on this topic, it’s very helpful and much needed thank you 🙏🏻🙏🏻/b
Comment from : @Motivation66667

LbrObrVbrEbr💖this 👆👆 New Subscriber here! 👍😊 Very helpful channel Thank you 👌 Big thumbs up #60
Comment from : @natureoncommand

Actually needed this in my life hahabrThank you for showing perspective from both sides!brNew sub here 🔥✌🏼
Comment from : @ThatJapanGuy

Thorough analysis and great breakdown I really enjoyed the categories you broke it into
Comment from : @livingindenver4141

Love the detailed breakdown This a great list to help others decide what is going to be better for them brYour channel is great! You are killing it! What are you doing to grow so well?
Comment from : @samspraguefinanceformula3519

Great video! Thanks for the content!😁
Comment from : @jackdavidsmith

With 30 year fixed rates in the 2 range, now is for sure a time to buy if you can come up with the $ down!
Comment from : @RealEstateReport

Nice blog should I go rent haha
Comment from : @dodonglimvlog9676

You did such a great job comparing buying versus renting! I think these are all definitely factors that people should be thinking about when it comes to making the best decision for them No two situations are going to be exactly the same!
Comment from : @HolisticMoney

A nice uploadI like your music video dear friend 💛I wish you a happy new week 🌹❤💗Thank you also for your kind comment always and supporti appreciateI give you a thumbs up👍 👍
Comment from : @588Music2

Verrry motivating
Comment from : @numanh8391

Beautiful video
Comment from : @TasteOfTravel84

Investing and buying real estate seems like a great way to make money but it really depends on the personbrThese were some great pointsbrGreat videobrNew subscriber herebrHappy to support a fellow finance channelbr😀👍
Comment from : @genzinvesting6561

Nice explanation moneybee! Renting and buying a home each has its own pros and consbrbrRenting: Allow better flexibility on relocation as well as less stress on servicing the mortgage, but after 30 years of paying your rent you will not own anythingbrHouse Ownership: Although lack in the flexibility of relocation, it allows you to leverage and hedge against inflation which is historically 2 to 5 After 30 years of paying your mortgage, the place you stay is what you ownbrbrSo IMO, on the long run of 20 to 30 years, buying a home has more pros compared to renting
Comment from : @incomebuddies

Hey moneybee Personally I like buying instead of renting it has worked for both Nico and I However we live in a desired place Thanks for your take on this
Comment from : @AdrianBears

These are great points! both renting and owning have their pros and cons, but I think it will come down to the individual At the end of the day, owning / investing in real estate is the best way to go to create wealth! big thumbs up! 👍
Comment from : @WagnerSaucedo

Ya kamu benar
Comment from : @puturitajuniyanti9386

Hey moneybee!!! I tried reaching out to you but you don't have any contact info! Are you interested in doing any collabs??? I love your channel
Comment from : @joeykim373

Hi new to your growing channel Let's help each other grow Hope to see you my humble home as well Thank you and see you!
Comment from : @flavorsoflifeFOL27

Great video! I think the main pro to home ownership is the equity and I think that outweighs all the renting perks, but it is definitely a case by case basis!brbrThanks for commenting on my video as well You should shoot me over an email so we can connect!
Comment from : @entryleveled6275

Such an informative video! Insurance is important! It took me a while to look for an insurance that had a good bundle Maintenance seriously does add up ! 😩 loved this video! brNew subbie here 🤍
Comment from : @angela121895

This was a helpful video I’ve been debating whether rent or buying is best for me because homes in my area are over $500k, which I can’t afford at this moment
Comment from : @MissDesdemona

Your absolutely right, renting is wasting a money, I'm back again
Comment from : @closevlog4053

Very interesting vlog Best regards and thanks for sharing Have a happy week 👍37
Comment from : @Traveler_Greg

Hi Courtney, you are amazing dear and I always enjoy listening to your advice, big hug and like from me
Comment from : @TMAItalia

Hi there,interesting video and valuable information great stuff thank you for sharing this video all the best and stay connected
Comment from : @ExpatOverseas

Both have Pro's and cons in there own way Nicely explained
Comment from : @AtoZwithchang4270

So great to have own house specially in the city or in Province have a bless day
Comment from : @lelangjo6665

Great information presented here 👍Thank you
Comment from : @NowHereBlow

Thank you for sharing this valuable information Definitely pros/cons for both and it really depends on your current situation in life All the best
Comment from : @ethosinvesting1993

For me is buy home brI’m new friend
Comment from : @chantholstreetfoodtv5974

Beautiful video ❤️👍Awsome!,
Comment from : @musicforcreators420

We really enjoyed this video! We love renting and putting any spare cash in investments 💰 loved the piece on lifestyle inflation, bigger house means more things to fill it with! Nice video!
Comment from : @VeroandJustin

bHey saw you at Fern the Camper and loved you comment You relay info very well, Easy to understand We love to travel like you guys We have some videos you would like come check us out/b
Comment from : @TheArtofRVing

It is a dlightful video, I enjoyed watching your video very much! it certainly has something for everyone Buy a home or rent ! :) enjoyed it !
Comment from : @whatscookingchennai7975

Nice that you weighed up the positives and negatives for both options Personally I think renting is actually the way to go when it comes to living, but buying is the way to go for investing ie Buy a property and rent it out, but rent the property you're living in Thanks for the breakdown :)
Comment from : @TheWealthPrince

Hi Courtney! Just found your channel you did a great breakdown! I really don't think home ownership is for everyone and definitely does not make sense for everyone I just bought my first home and the up front costs are quite signficant and not disccused enough! Can't wait to see more!!!!
Comment from : @KatiefromCanada

I made a video on the exact same topic last week! Great to get another perspective on this hotly debated topic 👍
Comment from : @GuidedInvestor

Oh we are going through this same dilemma now! Really depends on your long-term goals Love how you broke this down!
Comment from : @RoadtoFIRE

I think this a great video - well structured, with all the pros and cons of buying a house vs renting Personally I have chosen the first option 8 years ago and have 4 years left to fully own my house Subscribing as I am new here and looking forward for your next content!
Comment from : @MhKara

Great tip to ask your landlord for deals straight up, always worth a try - nothing to lose by asking Will put that into practice in other areas too Great vid, new subscriber here! :-)
Comment from : @thewealthwarren6940

Los Angeles median house price of $700k makes that calculator point to rent forever On the other hand, the low interest rates could lock in a fixed mortgage amount, rather than a slowly increasing yearly rent I have 'one more year' syndrome when it comes to buying a house
Comment from : @peterclaesfinance5747

Great video New sub here!
Comment from : @jonnya6738

It's a tough call Teachers in Texas can get a mortgage certificate credit which pays $170 a month as a tax credit which put buying over renting if you stay in the house over 5 years But renting can be good if you significantly increase your savings rate
Comment from : @Thetatraderz

Hiwow nice contentbrI'm here to send you my full supportbrI hope you will visit me and send some love too, thank you!!
Comment from : @kimbernards

I prefer buying properties and real estate investing is because the long term capital appreciation, just like I buy and hold a stock for a long term This kind of the capital appreciation is unbeatable in a long run
Comment from : @EasyWealthBuilding

Thanks so much for sharing your viewpoint here!brbrI'd like to have my own place within the next year or sobrbrSo, this is definitely worth taking the time to learn about 💯
Comment from : @HighTicket2Freedom

Great video! 👌🏼
Comment from : @kasarustica4005

Great stuff love that you've looked at both sides not many people do that!
Comment from : @ukfinancewithleewilliams6639

so many pro's & cons with owning & renting ultimately being an owner is best to build wealth in the long run imobrloved the video Courtney! 😍😍
Comment from : @ThinkMoneyBenny

This content is an eye opener
Comment from : @aahanaashish845

Value-packed video! Thanks for the information I personally am a renter because it is the smart thing to do for this time in my life
Comment from : @WealthGiantswithRyan

Awesome work! Love your content :) I will subscribe 😊
Comment from : @EditWithFelix

Great video! Nice little comparison, renting is definitely "cheaper" in the UK but buying your house allows you to pay into your own property, and that's why I'm saving up to buy in the next few years! :)
Comment from : @StanWithaPlan

Moneybee, loved the video! It's so interesting that everyone always tells you renting is throwing money down the drain, but you raised some really valid points and hidden costs I wouldn't have considered Very helpful and well thought out video!
Comment from : @michaelstewart3314

Moneybee is an excellent presenter when it comes to personal finance I feel like I learned so much about the differences between renting and buying after watching this video It also depends on every individual's situation and how it aligns with their personal goals You're correct that renting has way less upfront fees and allows you to allocate your funds into the stock market for consistent ROI
Comment from : @alliseeisW

Oh wow, 9 minutes is pretty long for you Thanks for breaking up the video into segments for your audience
Comment from : @arcaneknight9799

This is how many people who love seeing MoneyBee blink her eyes in slow motion when she speaks👇🏾
Comment from : @soulfultransfersandtours6271

The down payment percent will range greatly depending on what you're trying to accomplish I put down 20 but you can put as low as 35 which on a 200k home that's just 7 grand There are costs to that but I'm just saying it because sometimes people get too scared of buying a home and anything above 20k seems unattainable
Comment from : @financiallift6185