Renting Vs Buying: The Gurus Are Lying To You

Описание: What do I have in common with financial gurus who say its better financially to rent than buy?

We both made our fortune off tenants.

The difference? I did it by providing shelter and a contract that made it clear what both sides were getting out of partnering. I was also legally bound by laws that protect the tenant.

The financial gurus saying its better financially to rent? They made their money off giving bad advice with no transparency, and no legal recourse for their nonsense.

Heres the truth. If you want liquidity or plan to only live in a place for 3-5 years, renting is better. Otherwise owning is usually better.