MI242: The Rent vs Buy Decision w/ Joseph Hogue

<p><strong>IN THIS EPISODE, YOU’LL LEARN: </strong>&nbsp;</p><ul><li>02:05 - An update on the housing market and indicators important to the rent vs buy decision.&nbsp;&nbsp;</li><li>08:57 - Pros and cons of renting vs buying a home in 2022/23.&nbsp;</li><li>11:02 - What are all the financial costs to consider in the rent vs buy decision.&nbsp;</li><li>18:59 - What the BURL rule is and how it can help with the rent vs buy decision.&nbsp;</li><li>20:37 - What are some other non-financial factors to help inform your rent vs buy decision.&nbsp;</li><li>22:53 - The challenges of buying a home in this high-interest rate environment.&nbsp;</li><li>24:19 - How low do interest rates have to fall before it makes economic sense to buy a home.&nbsp;</li><li>27:00 - How to decide if you should go with a variable or fixed mortgage rate in this environment.&nbsp;</li><li>39:38 - Joseph’s top 3 dividend stock picks that can help you pay your rent.&nbsp;</li><li>42:06 - Why Joseph likes REITs and how they typically perform in this environment.&nbsp;</li><li>And so much more!&nbsp;</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Check out Joseph’s YouTube channel, <a href="https://www.youtube.com/c/LetsTalkMoneywithJosephHogueCFA" rel="noopener noreferrer" target="_blank"><strong>Let's Talk Money</strong></a>.</li><li>Joseph’s <a href="https://mystockmarketbasics.com/" rel="noopener noreferrer" target="_blank"><strong>Website</strong></a>.</li><li>Related Episode: <a href="https://www.youtube.com/watch?v=y5YunoXqiVg" rel="noopener noreferrer" target="_blank"><strong>Emerging Trends &amp; I Savings Bonds Yielding Over 9% w/ Joseph Hogue</strong></a><strong> -&nbsp;</strong><a href="https://www.youtube.com/watch?v=y5YunoXqiVg" rel="noopener noreferrer" target="_blank"><strong>MI179</strong></a></li><li>Related Episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/m