This weekend a friend of mine asked me for my input on whether they should continue renting their townhome or buy an equivalent unit.
It’s almost the perfect, real-life case study to consider:
- practically identical units
- current market prices
- real numbers to analyze.
I seized the opportunity to talk it through and run the numbers.
Enjoy!
Joshua
Joshua J. Sheats, MSFS, is the world's leading authority on integrating lifestyle goals and money goals without conflict. He teaches normal people how to seamlessly connect the science of financial planning with the joy of goal achievement.
Joshua is dedicated to helping normal people achieve financial freedom by merging creative (and crazy) ideas from the world of personal finance with the academic integrity of formal financial planning. He simplifies complex money topics and makes boring financial mumbo-jumbo less boring.
