Home Ownership as a Part of Overall Financial Health

Home Ownership as a Part of Overall Financial Health

Buying a Home In Austin Podcast

08/07/2020 3:00PM

Episode Synopsis "Home Ownership as a Part of Overall Financial Health"

Home Ownership as a Part of Overall Financial Health -Appreciating Assets vs Depreciating Assets -Electronics -most expensive MacBook is over $50k!!! -base model MacBook desktop is $5,999.00 (no monitor?!) -Iphone -most expensive iPhone 11 Pro, $1,449.00 -base iPhone 11, $999   -Things you can drive -boat -RV -CARS! - The average car payment for a new vehicle is $554, and the average for a used car is $391 In Austin $250k with 3.5% downpayment = $9,625 (17.37 months of $554 new car payments) A 250k, appreciating at 6% for 30 years = $1,435,872.79 value Renting 3 bed $1,100 x 12 months x 30 years = $396,000 spent

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