Which is better: Buying or renting a home? - Ella Feldman
By TED-Ed
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Dig into the dilemma of whether it's financially better to rent or buy a home, and explore the pros and cons of each choice. -- Nobody was surprised when Morgan and her twin sister Lisa moved into identical houses right next to each other. The only difference? Morgan bought her house, while Lisa is renting hers. For generations, conventional wisdom has been that homeownership is financially better than renting. But is this actually true? Ella Feldman follows the twins in their housing journey to see who comes out on top. Lesson by Ella Feldman, directed by Josh Pilch, Augenblick Studios. Support Our Non-Profit Mission ---------------------------------------------- Support us on Patreon: http://t.ted.com/nlVpzFN Check out our merch: http://t.ted.com/upNeDi3 ---------------------------------------------- Connect With Us ---------------------------------------------- Sign up for our newsletter: http://t.ted.com/R7iMQzr Follow us on Facebook: http://t.ted.com/NKcsscO Find us on Twitte
Tags: buying vs renting, buying, renting, home ownership, mortgage, finance, personal finance, down payment, home buyer, refinance, interest rate, mortgage interest rate, closing cost, lease, security deposit, fixed rate loan, adjustable rate loan, property tax, home insurance, investment
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