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 Topics
00:00 The Homeownership Dilemma
01:10 Runnin’ The Numbers Segment
02:46 The Philosophy of Ownership
04:55 Personal Homeownership Journeys
17:33 Reflecting on the First Property Experience
18:10 The Realities of Short-Term Rentals
20:37 Emotional and Financial Costs of Homeownership
33:26 20 Cents Segment
References for Statistics
https://fred.stlouisfed.org/series/MSPUS
https://fred.stlouisfed.org/series/MEDLISPRI6037
https://www.ally.com/stories/home/cost-of-owning-a-home/
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DM us on Instagram: @netnetpodcast or email us at hi@netnetpodcast.com
Co-Hosts
Lizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok
Lissa is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram |TikTok
Credits
► Produced by Lizzy Marie and Lissa Lumutenga
► Artwork by Lizzy Marie
► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”
Talk to us
Hit us up, let us know what you think: IS IT WORTH IT? 💸
Disclaimer
This 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!
