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Today we go deep on the dilemma of renting vs. buying a home. Joined by Katie Gatti Tassin, we'll discuss current market dynamics, debunk misconceptions about homeownership, and provide insights to help you navigate this significant life decision. We'll also share personal finance strategies and insider tricks to help you secure the best deal. Katie Gatti Tassin is the creator of the Money with Katie podcast blog, and newsletter. Resources Mentioned Katie Gatti Tassin Podcast: https://podcast.moneywithkatie.com/ Website: https://moneywithkatie.com/ Newsletter: https://www.morningbrew.com/money-wit... Instagram: https://www.instagram.com/moneywithka... Episode with Kathryn Valentine It’s Officially Negotiation Season—This is What Works: https://moneywithkatie.com/negotiation Fractional Home Ownership - Pacaso: https://allthehacks.com/pacaso Property Appraisal Appeal - Ownwell: https://allthehacks.com/ownwell Rational Reminder Podcast: https://rationalreminder.ca/ The Fort - An Entrepreneurship Podcast by Chris Powers: https://www.thefortpod.com/ All the Hacks: Leave a review Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/3v8pyFF... Email for questions, hacks, deals, and feedback: podcast@allthehacks.com Full Show Notes 00:00 Introduction 02:10 Reality vs. Expectations of Homeownership 07:27 The Forced Savings Argument for Ownership 12:51 Factors to Consider Before Buying a House 15:02 Current Status of Rental vs. Buyer's Market 17:38 Chris' Experience with Refinancing 22:39 Why Past Generations Invested in Homes to Build Wealth 26:24 A Questionable Rule of Thumb for Buying a House 28:51 Ways to Generate Income from Your House 30:43 A Big Mistake People Make When Buying a House 33:35 How Societal Standards Pressure People to Buy Homes They Can't Afford 38:43 Why You Should Care About What Matters to the Seller 47:55 Fixed vs. Adjustable Rate Mortgage 50:43 How to Appeal Your Property Tax 53:38 Why People Rent Even If They Can Afford to Own a House 56:25 The Hidden Costs of Owning a House 1:00:00 The Emotional Reasons for Buying a Home Connect with All the Hacks All the Hacks: Newsletter - https://allthehacks.substack.com/welcome Website - https://www.allthehacks.com/ Facebook - / allthehacks Chris Hutchins: Twitter - / hutchins Instagram - / chrishutchins Website - https://chrishutchins.com/ LinkedIn - / chrishutchins