Should You Buy A House OR Rent In 2024? Rentvesting Wealth Strategy

[@HamzaIbrahimIBI777]

Great video brother you helped me make a decision !!

[@diyinvesting4U]

Shares give you 11% return per year for the last 50 yrs. Property investing after expenses, negative gearing, leverage, etc is less than 11% per year.

[@M.-.D]

What data supports those quoted returns? Just reviewed the RBA and a few other papers on it. Seem correct although the nominal value is quickly shrunk when converted to real terms. Shows the power of inflation over the last century.

[@mataji7049]

Been following you since 2019. That was your most succinct and dead to the point make sense video. Great job mate. I’ve purchased a few properties since I started following you… thank you.

[@ezymarquez5521]

"I dont look like an accountant, o wait I do" hahahahahaha great video

[@PersonalFinancewithRaviSharma]

LOL! Gotta call it for what it is aye

[@Chris-xu6wy]

What if u own a home for 10 years can u rent it out and Rentvesting? Build wealth buy more properties?

[@craigbrown6026]

Currently have a mortgage of 730k have had offers for over 950k. Would selling and jumping into rentvesting be crazy. Potentially buy 2 properties straight up and savings from not having a mortgage that was over 1k a week.

[@robertlayton7004]

The misses and I just had this convo and we have decided to stop rent vesting and go back to owner occupier rent money these days is dead money

[@extravagantpalooza4570]

Just like council rates and stamp duty and interest and the rest

[@jonathantea913]

So should we give up the government first homenowners incentives and buy an investment property in a logical area instead?

[@PersonalFinancewithRaviSharma]

I think the less the government is directly involved the better. Free market forces?