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Renting vs. Buying a Home: The 5% Rule

Why it was recommended

This guy breaks down the analysis very cleanly to a first-order approximation, using 2019 figures

RecommendationParacompact · Original

What it covers

Ben Felix explains how to compare renting and buying a home by looking at unrecoverable costs, and distills it into the 5% rule of thumb. It is framed for a Canadian audience. It is for a general viewer who does not plan to take a prerequisite first.

Video details

Channel
Ben Felix
Length
10 min 36 sec
Year
2019
Open on YouTube

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