15: Renting vs. Buying a House: Which Makes More Sense in 2022? w/Ken Johnson
On The Market
Shownotes Transcript
Renting vs buying a house). It’s an easy decision. If you have the option to buy, you should buy. Shouldn’t you? That line of thinking, according to** Ken Johnson**, real estate economics expert, can** cost you a lot of money**. His team at Florida Atlantic University, along with other data–first economic experts, have spent a lot of time studying whether or not it makes more sense to rent or buy a home.
Ken breaks down how** most Americans have gotten the rent vs buy debate all wrong**, how **renters can beat homeowners **to long-term wealth, and which housing conditions lead to better deals. We also bring in our expert panel of guests to get their take on whether or not owning is a smarter choice than renting. You’ll hear multiple opinions on how you can make a more lucrative decision on your first primary residence and whether being a “renter-landlord” makes sense in 2022.
Surprisingly, in a time when more people are being forced into renting, Ken describes how “corporate landlords” could benefit the housing market, not deteriorate it. If you’re worried about the United States turning into a “renter nation)”, Ken offers a glimmer of hope on why that may not be the case, and how even if it was, it wouldn’t be a bad thing.
In This Episode We Cover
Renting vs buying a home and **which decision makes the most sense **for you in 2022
Which real estate markets are about to see wild price drops in the coming years
The housing affordability) problem and why renting has become cheaper than owning
Whether or not more corporate/Wall Street landlords is a good thing for renters
Subsidizing your mortgage/rent by house hacking) or rent hacking
How** renting and **buying rental properties) could be a win-win for average Americans
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise)
Connect with Other Investors in the “On The Market” Forums)
Try The BiggerPockets “Rent or Buy Tool”)
Waller, Weeks and Johnson Rental Index)
Henry's BiggerPockets Profile)
Jamil's BiggerPockets Profile)
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-15
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