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Dave Chilton

πŸ‘€ Speaker
2085 total appearances
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Appearances Over Time

Podcast Appearances

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

And the grandparents wouldn't be too enthused either.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

And did you rent an actual detached home or did you rent a condo?

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

What kind of place?

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

A lot of people with young kids worry about renting because they think there's a chance they could get kicked out at some point.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

The landlord goes a different direction and then they're forced to move and they may have to change schools and that could be psychologically impactful on the kids.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

What was your thinking there and how do you protect against that?

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

And then now you're saying I'm nutty.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

It doesn't matter as much until they get to high school.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

You know, where you have those friends that you're bonding with in a different kind of environment as you become young adults.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

Not to say it doesn't matter at all, but it doesn't matter as much until that age.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

But you've obviously given a lot of thought.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

You also mentioned that you weren't the landlord type person, that it just didn't go for you.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

What about that experience left a bad taste in your mouth?

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

You know, it's interesting.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

Like I'm pro home ownership.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

You know, when people listen to the podcast, they hear me trying to give both sides and Ben giving both sides and I get criticism online, but I own my own home and

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

My kids own their own homes now.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

I'm pro-home ownership.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

But I find it fascinating how when you sit down with very smart people, how few of them recognize how much they've had to spend on their home over the years in terms of ongoing maintenance, small improvements, and of course, major refurbishings.

The Wealthy Barber Podcast
#55 β€” Mark McGrath: All-in-One ETFs, Rent vs. Buy and Financial Trade-Offs

They're completely out of touch with the math of that because in Canada, we have the tax-free capital gains on sale to principal residents.