Renting Vs Buying a Home | The 4% Rule

Published: 27 June 2021
on channel: James Shack
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1.5k

Homeownership is a goal we all aim for, but does it always makes financial sense?

Rent Vs Buy: The 4% Rule. Is it better to rent or buy? This simple rule will help you decide.

We'll also walk through all the costs involved with homeownership, so you can also work out a precise calculation fo whether it makes sense for you to rent or buy.

Risk Warnings & Disclaimers

Capital at risk. Past performance is used as a guide only. It is no guarantee of future returns. This video does not constitute personal advice. We do not take any responsibility for third party websites and content we may link to from this video. Issued on behalf of Nova. Nova is a trading name of Nova Wealth Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN: 778951) and is a limited company registered in England & Wales (10739796).

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The author asserts their moral right under the Copyright, Designs and Patents Act 1988 to be identified as the author of this channel and any video published on it.

00:00 Objectives
03:15 One Off Costs
04:27 Maintenance
05:11 Cost of Debt
06:10 Cost of Capital
10:59 Conclusions


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