Aussie FIRE | Financial Independence Retire Early

24. House vs apartment: How to optimise your home price for FIRE

Pearler

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Dave and Hayden at Aussie FIRE recently received a thought-provoking question from a listener. While we’re paraphrasing slightly, its essence boiled down to:

“As a long-term investor, are you better off buying a more expensive home, or buying a cheaper home and investing the difference?”

Depending on your own preferences, you might have a clear idea of which approach makes the most sense. However, from an objective point of view, there are a range of factors to consider. So, in the spirit of open-mindedness, Dave and Hayden set out to compare the two.

Join them as they measure the potential pros and cons of buying a more expensive home against a cheaper one. By popular demand, Hayden also unpacks his rent vs buy Excel spreadsheet calculations. Listen along, or check out the spreadsheet here.

Pearler
Strong Money Australia
Original Aussie FIRE e-book
Strong Money Australia’s audiobook

Disclaimer

Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.

Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide

If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.