News@lemmy.world · 14 hours ago

Owning a home has rarely been this much more expensive than renting

finance.yahoo.com

cross-posted to:
housing_bubble_2@lemmy.world

198

Owning a home has rarely been this much more expensive than renting

finance.yahoo.com

GiddyGap@lemm.ee to

News@lemmy.world · 14 hours ago

cross-posted to:
housing_bubble_2@lemmy.world

The premium for homeownership has grown in recent years as home insurance, upkeep, and high mortgage rates skew the buying vs. renting math.

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GiddyGap@lemm.eeOP
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12 hours ago
Depending on where you live, much or all of that value goes away if it’s 35-50 percent more expensive to own. Especially if you choose to invest the savings.

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