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Renting vs. Buying a Home: What People Get Wrong Analytics Table
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Based on this YouTube video's total view count of 912K views and industry-standard rates, the estimated total earning is $639 - $1.82K through ad revenue. Historical data is not yet available to calculate daily, weekly, or monthly averages.
About Renting vs. Buying a Home: What People Get Wrong
Explore Renting vs. Buying a Home: What People Get Wrong with 912,240 views, 28,107 likes, and 5,708 comments. Experience the impact of this video content that has captured audience attention.
People tend to assume that homes are great investments - they’re not, that mortgages are a wealth building hack - they help, but as much as some people think, that paying off a mortgage lowers your housing costs - it actually raises them, and that owning a home makes people happy - it might, but don’t count on it. ------------------ Meet with PWL Capital: https://pages.pwlcapital.com/en-ca/contact-us?utm_source=content&utm_medium=youtube&utm_campaign=benfelix_yt *Avoid Online Scams https://pwlcapital.com/stay-safe-online/ I will never reach out to you on social media platforms or WhatsApp to give financial advice. These are scammers trying to commit fraud. *PWL Rent vs. Buy Calculator* https://research-tools.pwlcapital.com/research/rent-vs-buy *Sample Case from the Video* https://research-tools.pwlcapital.com/research/rent-vs-buy?isPortfolioTaxable=false&timeHorizon=50&province=ON&incomeInit=50000&purchasePrice=512300&downPaymentPct=20&ammortization=25&interestRate=5&propertyTaxRate=1&maintenanceCostPct=1&realEstateGrowthRate=3.5&homeInsuranceMonthlyInit=100&rentInsuranceMonthlyInit=40&rentInit=2119&assetAllocation=100&inflation=2.5&elgDividends=0.91&foreignDividends=0.9899999999999999&unrealizedGains=4.61&realizedGains=0.51&income=0&fwtRate=15 *Maintenance Costs* -Mayer, in a response to Smith and Smith (2006), suggests a range of 2–3% for maintenance and capital expenditure. https://www.brookings.edu/wp-content/uploads/2006/03/2006a_bpea_smith.pdf -Harding, Rosenthal, and Sirmans (2007) find that U.S. housing depreciates at roughly 2.5% per year gross of maintenance spending, and 2% per year net. https://doi.org/10.1016/j.jue.2006.07.007 -Bokhari and Geltner (2016) find an overall average net of maintenance depreciation rate of 1.5% per year net of maintenance. https://doi.org/10.1111/1540-6229.12156 -In National Accounts data, Statistics Canada reports average maintenance and repair costs over our sample period of 0.82% as a proportion of net residential housing stock, and renovation spending of 2.48%. -For calculating the Consumer Price Index, Statistics Canada uses 1.5% of the building value for homeowners' replacement cost (depreciation). Homeowners' replacement cost comprises 24.85% of the owned accommodation item in the CPI, while homeowners' maintenance and repairs comprise 9.97%, or 0.60% of the building value. Together, this suggests depreciation and maintenance costs of 2.1% of the building value. *The Psychology of Home Ownership* Video: https://youtu.be/0G_OSohLC_A?si=5mWx4KanW7HzM57T References: https://zbib.org/dfc892f743e14459bea621fd9fbba1fa ------------------ Follow Ben Felix on - Twitter: https://twitter.com/benjaminwfelix Visit Rational Reminder: https://rationalreminder.ca/ Join the Rational Reminder Community: https://community.rationalreminder.ca/ Follow the Rational Reminder on: - Twitter: https://www.twitter.com/RationalRemind - Instagram: https://www.instagram.com/rationalreminder/ Visit PWL Capital: https://www.pwlcapital.com/ Follow PWL Capital on: - Twitter: https://twitter.com/PWLCapital - Facebook: https://www.facebook.com/PWLCapital - LinkedIn: https://www.linkedin.com/company/pwl-capital/ You can find the Rational Reminder podcast on Google Podcasts: https://www.google.com/podcasts?feed=aHR0cHM6Ly9yYXRpb25hbHJlbWluZGVyLmxpYnN5bi5jb20vcnNz Apple Podcasts: https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2 Spotify Podcasts: https://open.spotify.com/show/6RHWTH9iW7hdnA7eAg7ukO?si=hjZNfLKuSjSeWX38GPqhVA ------------------
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