Meet with PWL Capital:
Making the housing decision requires careful consideration of both the financial and non-financial impacts, and the way that they interact with each other. There is no universally right way to approach housing. In many cases, contrary to conventional wisdom and societal pressure, renting is a better option than owning, both financially and from the perspective of subjective well-being.
Referenced in this video:
Extrinsic Value Orientation and Affective Forecasting: Overestimating the Rewards, Underestimating the Costs
Does the Dream of Home Ownership Rest Upon Biased Beliefs? A Test Based on Predicted and Realized Life Satisfaction
The American Dream or the American Delusion? The Private and External Benefits of Homeownership for Women
Homeownership and Happiness: Evidence for Switzerland
The relationship between homeownership and life satisfaction in Germany
Is a Fixer-Upper Actually a Downer?
If Money Doesn’t Make You Happy Then You Probably Aren’t Spending It Right
The relative relativity of material and experiential purchases
The McMansion Effect: Top House Size and Positional Externalities in U.S. Suburbs
Book: Happy Money
Shelter in the Canadian CPI: An overview
Theory of Homes and Jobs
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