Jump to content

Renting Better Than Buying According To Khan Academy


Slick Vik

Recommended Posts

No need to watch the entire video when his premise is wrong in the first two minutes.

"Living in them is two identical experiences" - WRONG. I can do whatever I want to w/ my house. Not so w/ a rental.

"3k to rent or 1Mill to buy same property": WRONG. $3k will not let you rent a $1 Million property. Try ~$6k+ per month

"4% cd": WRONG. Try 0.78% right now

 

Especially in Houston, buying > renting most of the time. My mortgage for a 4/2 in the loop costs me less than renting even a 2/2 of similar quality/location. Plus, as rents continue to rise in the loop, my mortgage will remain the same.

 

It blows my mind that someone would be willing to pay $1900 a month for a 1bedroom "luxury apt" when my 4/2 near West U costs me less than that.

 

 

Link to comment
Share on other sites

  • The title was changed to Renting Better Than Buying According To Khan Academy

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...