#140. Buying a home is not an investment, it’s location, location, location

Rent or buy? How much as a down payment?

Most Americans have most of their net worth in their home equity. In this episode, Aaron and Trishul discuss the pros and cons of making a down payment and buying a home. Is it worth making a larger down payment to lower the monthly mortgage? Is it dependent on the growth assumptions of various asset classes or the behavior and discipline of individuals?

Episode References
MMS #31: Is Real Estate just a real pain? Or are the psychological benefits worth the costs?
MMS #139. Rent-Seeking Exposed: Hidden Costs of Modern Life
US Population over time
Chloe Moore: Renting vs Buying

Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.