November MinDrench: Should You Rent or Buy a House?

Mr. Enchumbao

I work for a large investment management company helping people save for traditional retirement. During my spare time, I help others save for financial independence and early retirement by writing for Enchumbao. My journey to FI began in 2012. I was in a lot of debt back then, but I turned things around and became debt free a few years later. My wife and I reached financial independence in 2017 and are preparing to retire by 2020.

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2 Responses

  1. Thanks for featuring us! Very nice lineup of classic articles on the always hot topic of rent vs. buy. Living in some of the large metropolitan areas the rental yields are insanely low it’s easy to see how some folks find renting is the better option. Just looking at the pure numbers, not even considering all of the hassles and headaches of homeownership. Before we buy a house in retirement we will make sure we read that GoCurryCracker post a few times to see if that’s what we really want. 🙂
    Thanks again! Cheers!!!

    • Sure, you wrote a killer article! I agree that renting is much better in metropolitan areas.

      We’re saving for a house but don’t want to buy until we go the GoCurryCracker style for a year. Why tie us up right away when there’s no rush or need to buy? Great idea to revisit his post after retirement. 🙂 Cheers to having all of these options available to us! Thanks for stopping by.

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