Renting a home can be a smarter financial move than buying for some people, Ramit Sethi says #shorts

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#renting #realestate #finance

CBS Evening News

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Please tell me how you build equity by renting?? Do you rent or own a home?

stevencampbell

He has a lot of rental homes. I think 🤔

davidcruz

It is better to live in a box 📦 because it’s your box then to rent an apartment that’s not yours.

elitex

So are the rich following this advice since this owning is such a downfall? Then who owns these rentals?

ypb

Interest on a rental is 100%.
And there are no locked in payments. Your rent WILL increase.

Please don’t listen to these people.
There are down payment assistance programs that you have to QUALIFY for…but they absolutely give you money towards down payment, and your realtor can negotiate closing costs if the property has a seller that is willing to negotiate.

Drando

Chit. I own 1000 a mounth cheeper then rent by 750 mounth . What your saying holds no weight bud . Your numbers are way off

williamholcombe

This is true as long as your investing the savings or difference in the stock market

Dividendsmattertoo

If you are reading this it’s better to own land and build on top of it don’t let these luxury apartment owners and developers suck all your income.

ELVIRATHEGREAT

Don't forget the yard tools Lawn mower leaf blower

brucebowlby

Mockingbird at it's best., ...Thanks WEF

PrezCamacho

No. No its terrible to rent. YouTube, do not recommend this channel

jonnygranville

We’re a bit house poor since retirement and prices rising. But you get so comfortable in a house that it’s worth being poorer to keep it.

makeracistsafraidagain

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