Did you know that, despite the challenges of the current housing market, most Americans still consider homeownership an essential part of the American Dream? And yet sometimes a quick run of your numbers can reveal that owning property may not be as financially advantageous as you initially thought. In this episode, we’ll talk about the real cost of owning a home.
According to a survey conducted by the online platform Lending Tree in July 2023, 94% of respondents still see homeownership as an essential part of the American Dream. However, as the days and months pass by, the realities of the current housing market, with its ever-changing ups and downs, have created a sense of hopelessness in so many people, particularly the younger crowd: no matter what they do, it’s unlikely they will ever be able to afford a house.
But, what if this sense of hopelessness was simply a by-product of believing that owning a house is better than renting because it’s cheaper? What if this belief were simply not true? While no one can deny that owning the house you live in can be a rewarding, and even fulfilling experience, the numbers don’t lie: there are so many scenarios where owning property can cost you more (way, way more, in fact) than renting out.
In this episode, I’ll share with you my story (and insights) on things you have to consider before buying a home and the importance of running your numbers before committing to homeownership.
In this episode you will learn:
For a quick recap of this episode go to https://www.jenhemphill.com/395
The post, NOT owning a home does have its benefits | HDM 395 appeared first on the Her Dinero Matters Podcast.
The Lies of Assimilation with Julissa Arce | HDM 301
A Special 300th Episode Celebration With My Sons | HDM 300
Giving Yourself Permission to Evolve and Grow | HDM 299
Los 5 Mejores Tips Para Manejar y Administrar Tu Dinero Más Fácil | HDM 298
She Became a Digital Nomad with a Profitable Business, Learn How | HDM 297
Helping Family Navigate the Financial System as a First-Gen Latina | HDM 296
How Getting Those Business Finances Organized Will Change Your Life | HDM 295
¿Qué es un Presupuesto?: Una Nueva Perspectiva y sus Beneficios | HDM 294
A Helpful Conversation On Alternative Investments As a Career Path | HDM 293
How to Find Your Voice and Change Your Life | HDM 292
How To Empower Your Finances By Expanding Your Money Capacity | HDM 291
Cómo Ahorrar Más Dinero Y Ser Consistente En Este Nuevo Año | HDM 290
[REPLAY] What It Means To Work, Pause, Thrive With Lisen Stromberg | HMM 103
[REPLAY] The 8 Money Conversations No Couple Should Ignore | HDM 173
[REPLAY] How to Transcend into Abundance with Chella Diaz | HDM 206
[REPLAY] The Most Useful Ways of Managing Overwhelm | HDM 270
[REPLAY] Changing the Financial Path Together for Our Latinx Community | HDM 220
A Dinero Ritual For You | HDM 289
Values and Our Money, Why We Should Pay Attention | HDM 288
Unexpected Expenses? How This Free Tool (also in Spanish) Can Help | Bonus Episode
Create your
podcast in
minutes
It is Free
Regenerative Skills
The Meaningful Life with Andrew G. Marshall
The No-Frills Teacher Podcast
The Jordan B. Peterson Podcast
The Mel Robbins Podcast