MYTH: Buying Is Always Better Than Renting
Myth: Renting is throwing money away. Buying is ALWAYS the smarter move.
Truth: Not necessarily.
Buying a home is amazing when your financial foundation is ready for it. But when it’s not? It can be a burden that steals your peace.
Renting isn't throwing money away; it's paying for flexibility and a place to live. Buying isn't automatically wealth-building if you're in the wrong market, overpaying, or not staying long enough.
Renting offers flexibility, lower maintenance costs, and time to strengthen your credit, savings, and stability.
Homeownership comes with: maintenance, property taxes, insurance, HOA fees, closing costs, and opportunity costs. If you're not staying 5+ years, or if renting lets you invest the difference, renting can actually build more wealth.
Run the numbers for YOUR situation. Don't just follow the cultural script.
The best choice is the one that supports your life today AND your future tomorrow.
Join and let's talk about the nuances in the Wealth Warriors Community.
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Dr. Severine Bryan
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MYTH: Buying Is Always Better Than Renting
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