345 | Homeownership vs. Renting
The Minimalists
Joshua Fields Millburn
4.7 • 11.2K Ratings
🗓️ 21 June 2022
⏱️ 56 minutes
🧾️ Download transcript
Summary
The Minimalists discuss the pros and cons of owning versus renting homes from a minimalist perspective, and they answer the following questions:
What are your respective opinions regarding owning versus renting homes? (01:48)
Is there an age deadline for homeownership? (10:57)
How do we determine which is more financially feasible for us between renting and buying? (14:44)
What are “Zoomtowns”? (25:07)
Do you consider tiny homes a viable homeownership option, particularly regarding resale value? (32:54)
What should we look for in a community when we’re ready to plant roots? (38:08)
Detailed show notes: minimalists.com/podcast
Join The Minimalists Private Podcast: minimalists.com/support
Transcript
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| 0:00.0 | Every little thing, you think that you need, Every little thing, you think that you need, |
| 0:18.2 | Every little thing that's just feeding your grid, Or a bed that you'd be fighting without it. |
| 0:27.4 | Hello everybody, welcome to the Minimals Podcast where we discuss what it means to live a meaningful life with less. |
| 0:32.9 | My name is Joshua Fields-Millburn and I'm Ryan Nicodamus and together we are the Minimals. |
| 0:37.2 | Home ownership versus renting. |
| 0:40.1 | One of the upsides and downsides of each, which option is better for you? |
| 0:45.6 | What are the Minimals thoughts on both? |
| 0:48.6 | That's what we're talking about today on this public edition of the Minimals Podcast. |
| 0:53.6 | Then this Thursday on the Minimals Private Podcast, we're going to talk about 15 products that add value to our lives. |
| 1:00.6 | Are they Minimals products? You get to decide. |
| 1:04.0 | We'll also talk about my new home that I just purchased in a small town. |
| 1:08.3 | Where is it? Why am I moving there? Where else did I consider living? |
| 1:13.0 | Is this a permanent move? Our becs in Josh still living separately. |
| 1:17.5 | That's what the questions have been asking also. |
| 1:19.8 | Are Josh and Ryan breaking up live on the podcast? You wish. |
| 1:25.2 | Revive chance. Ryan, if you ever leave me, I'm coming with you. |
| 1:30.2 | So we're advancing. You can check that out on the private podcast, theMinimals.com slash Patreon to subscribe. |
| 1:37.4 | You get your personal link so that our private podcast plays in your favorite podcast app. |
| 1:41.6 | Your support keeps our podcast and YouTube channel 100% advertisement free because advertisements suck. |
| 1:48.6 | Let's get to our first question right now from Mary over on Patreon. Let's do it. |
| 1:53.0 | What are the minimalist thoughts on renting versus owning a home? |
| 1:57.0 | Ryan, I don't ever want to own a home. I don't want to ever rent a home. |
... |
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