Ramit Sethi explains why owning a home may be more expensive than renting due to phantom costs like property taxes and maintenance. He argues that home equity is overrated and that mortgages are frontloaded with interest, making it difficult to build equity in the early years of homeownership. Sethi encourages realistic views on homeownership as not being a true investment.

Read more at Yahoo Finance: Ramit Sethi Shares Why Home Equity Is Overrated