#135: Is renting a home better than buying?

Josh and Amelie discuss the age-old question of renting vs buying!

Top things to think about

1. Society claims buying is better than renting; economics disagrees.
2. When you rent, your max home maintenance is a few dollars for a new lightbulb.
3. Renting gives a lot more flexibility; owning offers more stability.
4. One big advantage of owning is that your mortgage stays the same.
5. The standardized deduction exists in part to equalize tax deductions for land owners and non-land owners.
6. Overall, lifestyle is much more important to people than the actual finance/economic side.

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