Is homebuying worth it?
Net Net12 Juni 2024

Is homebuying worth it?

In this episode of Net Net Podcast, Lizzy and Lissa break down the hidden costs – financial and otherwise – of homebuying. On one hand, it is a major wealth building tool. On the other hand, there’s a high barrier to entry… and many costs beyond maintenance! Is homebuying worth it? Let’s talk about it.

Main Topics

00:00 The Homeownership Dilemma

01:10 Runnin’ The Numbers Segment

02:46 The Philosophy of Ownership

04:55 Personal Homeownership Journeys

17:33 Reflecting on the First Property Experience

18:10 The Realities of Short-Term Rentals

20:37 Emotional and Financial Costs of Homeownership

33:26 20 Cents Segment

References for Statistics

https://www.nar.realtor/blogs/economists-outlook/millennials-still-underperforming-amid-gains-in-homeownership-rate

https://fred.stlouisfed.org/series/MSPUS

https://fred.stlouisfed.org/series/MEDLISPRI6037

https://www.ally.com/stories/home/cost-of-owning-a-home/

Drop us a line

DM us on Instagram: @netnetpodcast or email us at hi@netnetpodcast.com

Co-Hosts

Lizzy Marie, CAIA, is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok

Lissa Lumutenga, CFP®, AFC®, is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram | TikTok | LinkedIn

Credits

► Produced by Lizzy Marie and Lissa Lumutenga

► Artwork by Lizzy Marie

► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”

Talk to us

Hit us up, let us know what you think: IS IT WORTH IT? 💸

Disclaimer

This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.

Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!

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