I Waited 10 Years To Buy A Home — Was It A Mistake?
I rented for ten years. Ten years of watching property prices rise while I waited. It never corrected. The honest answer with real numbers.
What you'll learn
- Why rent-versus-buy is more than a monthly payment
- The opportunity cost of buying a home
- Why the right answer depends on your life
I Waited 10 Years To Buy A Home — Was It A Mistake?
Ten years of waiting
Renting can feel temporary until later becomes a decade.
The monthly payment is not the calculation
Taxes, maintenance, insurance, transaction costs and tied-up capital matter.
Opportunity cost
Money used for a down payment cannot simultaneously be invested elsewhere.
The market does not owe you a correction
Waiting can be rational, but it can also keep moving the decision into the future.
Buy the life, not just the spreadsheet
The best decision is the one that fits the life, mobility and risk you actually want.
The House We Thought We Needed
The deeper Mike Petry Journal essay connected to Episode 11, exploring the idea behind the episode from the perspective of money, behaviour and financial freedom.
Read the essay on Mike Petry Journal →What is Episode 11 about?
I rented for ten years. Ten years of watching property prices rise while I waited. It never corrected. The honest answer with real numbers.
Why rent-versus-buy is more than a monthly payment
Renting can feel temporary until later becomes a decade.
The opportunity cost of buying a home
Taxes, maintenance, insurance, transaction costs and tied-up capital matter.
Educational and entertainment content only. This page is not financial advice. Do your own research or speak with a qualified professional before making financial decisions.