Why Home Ownership is the Worst Investment

Should you buy your house? Or should you rent your house? I want to talk about why your house is a terrible investment

Should I buy a house? What's better - buying vs renting? I always wondered this question on whether I should ever own property. It's one of the most common investing 101 questions. In this video I want to explain real estate as it relates to home ownership and why I think it's a terrible investment.

To demonstrate this in the best way possible, I sat down to have a conversation with myself - Andrei Jikh to discuss what the worst investment would even look like. Enjoy, don't forget to smash that like button and subscribe!

Link to JL Collins:

Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

*Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

#realestate #homeownership #rentvsbuy

[juggalolsp]

a car is the worst investment

literally loses 40 percent when you drive it off the lot and goes down every year

[michaelguild]

I saw this and laughed at every point...and then looked in a mirror and cried a little :P hahahhahaa

[veksone]

"you can sell stocks instantly"
*Robinhood has entered the chat

[TheLukaszpg]

Haha that is spot on and so funny. And yes, I am a home owner without the mortgage. What it comes down to is that your home is NOT an investment. It is your home :)

[AndreiJikh]

Haters will say it's video editing... #fake

[Jon-wftg]

You may think this is cynical but it’s actually spot on. A home is the worst investment you could ever make. There may be one or two special situations but the average person will be squeezed to death by capitalism and corporate greed. Insurance. Repairs. Maintenance. Replacements. Law suits. Taxes. More taxes. Weather. National interest rapes. Buying and going upside down for years. Gonna rent it out ? LoL …. Okay so your insurance has tripled and your maintenance has doubled and chances of law suits have quadrupled.

[StephenMichaelElliott]

Purchase multi-family. Live in one, rent the others. Sort of a hybrid that extracts value from both sides of the spectrum.
Andrei, excellent videos. You are making great content, and it is appreciated. -Stephen

[cicirunner]

I thought buying a house was the best investment, and in ten minutes you completely changed my mindset. Impossible to buy a house in California and I don't want to be strapped for cash when I love to invest. Great reassuring video

[InvestingEducation]

The first house is probably not a bad decision. Peace of mind is priceless. After that stocks provides more value.

[AdamMason]

Would love to see a spreadsheet or breakdown of homeownership.

[ValueForInvestors]

Great video! Love the format & the arguments here. I’ve been thinking about home ownership a lot lately. But, it’s something I’ll have to continue researching to completely figure out. Hoping I can flesh out a video like this whenever I make up my mind. 👍🏼

[DamonLeeK]

Totally agree with this! Makes it sound a bit silly really!

[Littlesensai]

This is the most underrated video out rn omg

[deanpountain]

Spot on! I love your channel!!
I just purchased my home last year and I'm loving it. It most definitely is more of an emotional thing. It isn't cheap but well worth it to me personally and it's not for everyone.

[travishafner]

There is a limited supply of housing and is a basic human need. It isn’t hard to see as population increases that your house appreciates, this dude just loves his dividends

[alextotherescue]

I will say this... I do not regret purchasing my condo at all. I've gained $150k in Appreciation within just 4 years (crazy values in Cambridge, MA) and the fact that I could get serious money in rent income if I ever decide to rent this condo out... makes it entirely worth it.

[PianoKeyzOfficial]

Fun fact: most new millionaires made their money in real estate!

[ResortGaming]

Really enjoyed this video! Very entertaining to watch I really appreciate the effort on the acting and stuff made it super interesting! Just more of a reason to just stay in an apartment

[tmoney]

I agree, mostly. One of my first courses for my Bachelor's in Accounting was a communications class, and instructor had us give a speech on ANY topic we wanted to. I gave my presentation on the pros and cons of renting vs. owning a home, and stated why renting has so many advantages over owning. Nevertheless owning does make sense for many individuals and can be the way to go, so it's not ALWAYS a bad route.

[crisiturralde]

I wouldn't want to be 70 years old and still paying rent when I don't work anymore