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
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