In this thought-provoking episode, Real Estate and Financial Freedom expert Eric Martel tackles the age-old question of whether millennials should buy or rent their homes. Eric argues that renting is the best option for millennials due to opportunity costs and unrecoverable costs. Using a real scenario in Los Angeles, he explains how investing the down payment on a rental property generates more cash flow than owning a home, while also spreading the risk across multiple properties. Additionally, he emphasizes the unrecoverable costs associated with owning a home, such as property taxes, repairs, and maintenance. This video offers a fresh perspective on a complex issue and provides valuable advice for millennials looking to build wealth.

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