#25 – To Rent or to Buy, that is the Question?

In this episode, the guys consider the age-old question of rent vs. buy, but from an FI perspective. If you found this podcast you’re probably familiar with the FIRE movement that has grown in popularity recently. Here at the FI Garage, we’re all on the path to FI, however, we consider the RE part optional.

Beer – Persephone’s Mocha Porter [0:45]
Useful Tool – BC Ale Trail [2:20]

Rent or Buy? [4:15]

Our New Feedback Form is now up! [40:45]

Make a comment on our show notes page for Interview #8 – Robinson Smith and the Smith Manoeuvre by the end of February 29th, 2020 to enter our draw to win Master Your Mortgage for Financial Freedom and access to the Smithman Calculator [40:55]

2 Comments

  1. Admittedly I haven’t had the time to listen to this one yet..but the whole rent vs buy thing is getting REALLY annoying and divisive. The amount of people (especially on twitter) basically telling people they are wrong (one way or the other) on this issue is insane. Every single person’s situation is different, it depends on your city, your lifestyle, etc. Also, personal happiness is probably the most important factor in this decision…even if you could be ahead financially if you rented….if you wouldn’t be as happy because you don’t have a yard…or cant have a dog…or whatever…not worth it.

    My 2 cents.

    That said this may be discussed on the podcast, and ill find out soon when I listen..haha

    1. Haha, okay we’ll wait for a follow up comment after you listen! I agree with you though, it’s such a personal decision and there are too many factors to just say that the numbers should decide.

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