{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Rent vs. Buy - Lifestyle, Math, and How to choose","description":"Buying vs. Renting is an age-old debate. Our parents think it's a simple decision: Buy! Don't waste your money! It's a good investment! But that was 50 years ago when you could buy a house for a reasonable amount of money and pay it off.&amp;nbsp; Here's a link to our blog: https:\/\/www.ratehub.ca\/blog\/rent-vs-buy-canada\/  House prices are surging, home affordability is extremely challenging.&amp;nbsp; We need to look at lifestyle factors  Commute Access to culture and amenities Mobility &amp;amp; stability Family and friends Maintenance Costs  We also have to look at financial factors&amp;nbsp;  Renting is (generally) cheaper You can build equity in your home Retirement planning  Then, let's look at the math Rent vs. buy calculator -  https:\/\/lautorite.qc.ca\/en\/general-public\/calculators-and-tools\/calculators\/buy-or-rent-a-residence\/   But also, the 5% rule (we explain it in the show and on the blog) You're not wasting money if you rent. Having a roof over your head is a necessity.&amp;nbsp; &amp;nbsp; &amp;nbsp; ","author_name":"Real Money Talk - A fresh take on personal finance","author_url":"http:\/\/realmoneytalk.libsyn.com\/website","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/20125232\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/008299\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/109178207"}