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The Wealthy Renter

How to Choose Housing That Will Make You Rich

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The Wealthy Renter

De : Alex Avery
Lu par : Mark Hebscher
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À propos de ce contenu audio

A National Bestseller! Why be house poor when you can rent rich?

“Why rent when you can buy?” More than any other, this phrase captures the overwhelmingly unanimous promotion of home ownership to Canadians. Real estate agents, mortgage brokers, family, friends, and even the government promote ownership as a safe, attractive, and sure-fire path to personal wealth. This one-size-fits-all advice ignores the reality of Canada’s housing market.

Canadians deserve better advice.

Faced with expensive house prices in a near-zero interest rate world, it’s time Canadians heard the virtues of renting and seriously considered renting as an alternative to home ownership. Real estate analyst Alex Avery insists renting offers a simple, more affordable way to live, plus in Canada’s frenzied housing market, going month-to-month is dramatically lower risk. He claims the reputation of home ownership as a wealth building strategy is unfounded and shows renters how to replace bricks-and-mortar with better investment opportunities.

©2016 Alex Avery (P)2020 Heraclon Publishing Canada Finances privées Immobilier
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Solid pieces of advice for financial planning. Two downsides why I left only 4 stars instead of 5: the concept of opportunity cost ("implicit rent") could be explained more clearly in my opinion, and a couple of chapters are very specific to the Canadian market and don't apply if you're leaving outside of Canada. Otherwise, great book.

Great book but very focused on Canada

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