GiddyGap@lemm.ee to

News@lemmy.world · 1 month ago

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

finance.yahoo.com

cross-posted to:
housing_bubble_2@lemmy.world

357

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

finance.yahoo.com

GiddyGap@lemm.ee to

News@lemmy.world · 1 month 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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Tilgare@lemmy.world
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1 month ago
Because on average, I imagine very few rental homes are brand new constructions/purchases so their mortgage is a couple years old and lower than if someone bought that same home today.

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