ACCOUNTANT EXPLAINS: Should You Buy or Rent a House in 2024

In this video, we'll discuss if it is better to buy or rent a house in 2024. We will go over the detailed calculations for both options, and look at whether it's cheaper to rent vs. buy in the short-term and long-term.
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My background:
- Finance Manager at a top tech company (FAANG)
- Licensed CPA
- MBA graduate from Columbia University
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We will go over the buying and renting a similar property and in the same location, including all expenses like insurance, taxes, HOA fees, closing fees, etc. Let's get right into it!
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Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for specific advice related to your unique personal / business situation and need.