Episode 44: Should I Rent or Buy (or Build)?

by Financial Design Studio, Inc. / May 31, 2024

In this episode, we talk about whether you should rent or buy a home, and even when it might be time to build one instead. We talk with Rob who explains the 2024 housing market, his own experiences as a buyer and seller, and things to consider about building. 

Take a listen right here, or head over to your favorite steaming platform!

Key Moments

00:01:54 The 2024 housing market explained

00:09:56 How inflation affects renters

00:14:12 Should you buy or rent?

00:23:26 When should you build?

00:28:02 Pros and Cons of Renting

00:34:33 Pros and Cons of Buying

00:44:06 Process of Building

00:54:27 How to finance a build

01:05:15 Questions to ask yourself

Related Links

Learn more about using time horizons for your goals!

Watch our video “should you refinance your mortgage!

Listen to episode 27, “What buyers need to know about mortgages.”

Listen to episode 19, “How to Finance Your Summer Projects.”

Stay Connected!

If you want to hear even more episodes, like this one, be sure to subscribe to the Behind the Designs podcast on your favorite streaming platform! The Behind the Designs podcast shares with you an inside perspective at how financial advisors think about money. We’ll see you in the next episode.

Credits for Episode 44

Executive Producer : Anna Lewis

Host : Michelle Smalenberger, CFP®

Guest : Robert Stoll, CFP®, CFA

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