Why Buying A Home Is Usually A Terrible Investment Posted on April 25, 2019 Buying chicago hotels dallas hotels home hotels hotels in chicago hotels in florida hotels in las vegas investment las vegas hotels private jet rental property Terrible travel travel vlog vacation 34 thoughts on “Why Buying A Home Is Usually A Terrible Investment” Plus this guy is assuming the equity markets will continue to rise, what if the markets go flat or go down.Reply "that continues to take money from you". Um with rent you don't own anything. At least with a home, you own it. It is yours.Reply I like buying them, but love selling them.Reply it depands in what country you live in. In Indonesia, I bought a house for 50 K usd, within 3 years, I sold the house for 150 K UsdReply God awful advice buying a home is the best thing you can do.Reply This might be true, but for most Americans, it's the debt that's the killer not the home itself. We should put down 20 percent or higher , which lowers the monthly payment and and interest it costs you. If you have the cash buying almost every time is better.Reply That's terrible advice. By his logic eating mcdonalds everyday is smarter than drinking a frap everyday or vice versa? You have to live somewhere, so why choose to live and put money in someone else's pocket when you could live and own and likely see a small return on your ownership down the line (at the very least break even)? You will never see rent money again so whatever you "saved' and invested (with an ideal ROI of 2-7%) into the market is offset by the HUGE loss of money via rent.PSA: Renters pay property tax, they just dont know that it's included in the rental price.Reply Lol…certain rents are much higher then loans..Reply Not true at all. I bought a house on 2015 for $400,000 and now the house it worth a little more than $600,000Reply The propaganda to recreate the next housing crash has begun….Reply [not shown portion of the video]Interviewer: So how many homes do you own?Guy: Uh… 2Reply Do the math on markets that aren't NYC, Orange County (CA), or any other massively inflated urban area, and the result is different. Rent is 100% expense. You never get that money back. Buying a reasonable home that you can afford means that after expenses, you're putting your money into equity. The key is to not over-buy, and to stick to a 15 year mortgage so you can make some headway on equity.Reply Horrible adviseReply Sounds like when Tyra Banks made the claim you can eat out cheaper than at home. The basic math does not compute– when you rent you're typically paying somebody else's ENTIRE mortgage, not just half of it.Reply My mortgage is cheeper then renting. Including property taxes insurance and maintenance. there are cases where buying it’s better than renting. And there are cases where renting is better than buying.Reply Ok. I get the message. I used to pay $865,00 CAD every month in a appartement. So multiple this amount by 12 months. I was full of this. Anyway it was so difficult to have services from the owner. I bought a house. Actually there is nothing to do on it. It was just renovated. I just have to pay taxes. I pay less by month than with renting. Since I have nothing to do on the house. I pay my bills and the rest goes to savings and investments. I invest in VTI. The house was built in 1950 for $50 000,00. Now it's almost 4 times the value.Reply People renting are charging enough to cover their mortgage + repairs + profit. Renting isn't cheaperReply Home ownership is as much about lifestyle as numbers. Renters have less selection in many markets, they can be forced to move based on the landlord's decision to sell and they see no benefit if they decide to make property improvements. Outside of large cities, the best places to live for a family generally don't have a good selection of rental properties.Reply Look at the mortgage + property tax you are paying, compare it to the rent in your area. If they are almost the same, it's a great investment.Reply I bet you he has a home.Reply Tell that to the millions of people who in the span of five years were kicked out of their home because of rent increase you dumb donkey.Reply A residential property's utility as a Financial Instrument is inversely proportional to it's utility as a Habitat.Reply What a horrible tittle for a video in nj rent an a mortgage can be very similar in price let’s say about 1600-1800 a month to rent a two bedroom about 1800-2200 to buy so not very far off I could invest 2000 a month into a house or have to pay 1600 a month for rent and only invest 400 a month in a index.Think about that ineReply Maybe this is how Brooklyn works but where I live a 4 bedroom house goes for $1800/month mortgage while a 3 bedroom apartment is the same. Yes, there are maintenance costs but like others have said apartment rent can go up at any time (on average $75-150/year here) your mortgage is consistent.Reply They should rename this series "Stupid things millennials do with their money."Reply If you think people are financially disciplined enough to save and invest the difference after paying rent, you're crazy. The home acts as a for savings.Reply This guy in the video is a snake.Reply This man is wrong.Reply best to do is buy a home rent it out, it pays for it self.Reply Considering the camera isn’t even in focus I’m not going to trust this videoReply Bought my house 26 years ago and I regret that the value is now more than 7 times since I bought it. It is really a terrible investment. lolReply This is bad advice, many Americans are forced to rent, or forced to pay someone else. I'm on house #2 and tenants make my mortgage for me…Reply A lot of you viewers missed the message. It is considered terrible to own a home because that extra money you spent on the home, could have been invested in the stock market. Lets say, 15 years back, you invested that money into Apple, Tesla, Amazon, etc. You would have made a huge return on investment.Reply Dumbest video everReply Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment.