Ramit Sethi: Unconventional Real Estate Investment
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Business & Economics
Renting Is Better Than Buying? Ramit Sethi’s Controversial Take on Wealth
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Ramit Sethi is a self-made millionaire with an estimated net worth of about $25 million .
Sethi believes America ’s aspiration to own property has become a “religion” He says he's “tired of the blind obsession with homeownership in America ” Sethi says he has rented by choice in Los Angeles , San Francisco and New York .
Ramit Sethi is hardly alone with his stance on renting vs. buying.
Several economists maintain that renting is probably the better option financially for many people.
Others would point out that, unlike stocks that you can quickly sell, equity is hard to tap into.
Sethi’s experience is not universal though, and homeownership remains a worthwhile pursuit.
VR Score
62
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52
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56
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