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Is It Really Better To Rent Than To Own a Home Right Now?

Tuesday, March 7, 2023   /   by Sydney Stahr

Is It Really Better To Rent Than To Own a Home Right Now?

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.

A lot of the time, these reports are assuming things that aren’t realistic for the average household. For example, the methodology behind one of those reports says that renting is the smarter financial option because of the opportunity to invest money elsewhere. It assumes renters take the money they’d spend on costs tied to buying a home and put it in an investment portfolio.

But here’s the thing – most people who rent aren’t making those investments.

Click the link here to read more from Keeping Current Matters! We enjoy their insights and want to share them with you! 

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The Balduf Group
Dennis Balduf
9564 Silverdale Way, Suite 100
Silverdale, WA 98383
360-649-5053

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