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Is homebuying worth it?
Is homebuying worth it?

Is homebuying worth it?

00:37:33
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In this episode of Net Net Podcast, Lizzy and Lissa break down the hidden costs – financial and otherwise – of homebuying. On one hand, it is a major wealth building tool. On the other hand, there’s a high barrier to entry… and many costs beyond maintenance! Is homebuying worth it? Let’s talk about it. Main Topics00:00 The Homeownership Dilemma01:10 Runnin’ The Numbers Segment02:46 The Philosophy of Ownership04:55 Personal Homeownership Journeys17:33 Reflecting on the First Property Experience18:10 The Realities of Short-Term Rentals20:37 Emotional and Financial Costs of Homeownership33:26 20 Cents Segment References for Statisticshttps://www.nar.realtor/blogs/economists-outlook/millennials-still-underperforming-amid-gains-in-homeownership-ratehttps://fred.stlouisfed.org/series/MSPUShttps://fred.stlouisfed.org/series/MEDLISPRI6037https://www.ally.com/stories/home/cost-of-owning-a-home/ Drop us a lineDM us on Instagram: @netnetpodcast or email us at hi@netnetpodcast.com Co-HostsLizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTokLissa is an Accredited Financial Counselor®, personal finance expert, and the founder of Wealth for Women of Color. Follow Lissa: YouTube | Instagram | TikTok Credits► Produced by Lizzy Marie and Lissa Prudencio► Edited by Kory Alexander, KoryAGraphy Studios / @ikoryalexander► Artwork by Lizzy Marie► Music by Lissa Prudencio, Net Net Podcast “Theme Song” Talk to usHit us up, let us know what you think: IS IT WORTH IT? 💸DM us on Instagram: @netnetpodcastEmail us at hi@netnetpodcast.com DisclaimerThis podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!

Is homebuying worth it?

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