MI242: The Rent vs Buy Decision w/ Joseph Hogue

IN THIS EPISODE, YOU’LL LEARN:   02:05 - An update on the housing market and indicators important to the rent vs buy decision.   08:57 - Pros and cons of renting vs buying a home in 2022/23.  11:02 - What are all the financial costs to consider in the rent vs buy decision.  18:59 - What the BURL rule is and how it can help with the rent vs buy decision.  20:37 - What are some other non-financial factors to help inform your rent vs buy decision.  22:53 - The challenges of buying a home in this high-interest rate environment.  24:19 - How low do interest rates have to fall before it makes economic sense to buy a home.  27:00 - How to decide if you should go with a variable or fixed mortgage rate in this environment.  39:38 - Joseph’s top 3 dividend stock picks that can help you pay your rent.  42:06 - Why Joseph likes REITs and how they typically perform in this environment.  And so much more!  *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out Joseph’s YouTube channel, Let's Talk Money. Joseph’s Website. Related Episode: Emerging Trends & I Savings Bonds Yielding Over 9% w/ Joseph Hogue - MI179 Related Episode: Credit Scores And Stock Investing w/ Joseph Hogue - MI038. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Joseph: Website | YouTube  Connect with Rebecca: Twitter | Instagram HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! 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