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It’s now cheaper to rent in the top 50 metros in the U.S. than it is to buy. Inventory is low right now and people who have a home at a 3% rate are not going to
by breckenedge 3y ago
It’s now cheaper to rent in the top 50 metros in the U.S. than it is to buy. Inventory is low right now and people who have a home at a 3% rate are not going to sell unless they have to. That said, don’t wait for rates to drop if you really want to buy.
https://www.morningstar.com/news/marketwatch/2024032617/renting-is-now-cheaper-than-owning-in-all-of-americas-50-biggest-metro-areas https://www.morningstar.com/news/marketwatch/2024032617/rent...