80. Buying vs. Renting a Vacation Home: A Case Study
8.20.24 - 80. Buying vs. Renting a Vacation Home: A Case Study
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In the summer series finale Erica and Ben delve into a financial case study of whether it's more cost-effective to buy or rent a vacation home.
(00:00) Podcast Rebranding Announcement
(03:33) Should You Buy a Vacation Home?
(05:16) Financial Model for Vacation Home Decision
(06:48) Survey Insights and Personal Experiences
(09:49) Assumptions and Details of the Financial Model
(17:14) Understanding Home Value Growth Rate
(18:56) Rental Assumptions and Long-Term Benefits
(21:31) Investment Growth Rate in Rental Scenarios
(23:05) Analyzing the Cash Flow Model
(30:08) Qualitative Considerations in Financial Decisions
(33:17) Wrapping Up the Summer Series
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Link to cashflow model:
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