Is It Better To Rent or Buy a Home Today?

A study shows that 70% of prospective buyers fear the long-term consequences of renting, including rent rising and missing out on the equity homeowners gain through the years.

#rentorbuy #homebuying #keepingcurrentmatters

Data Sources

• https://newsroom.bankofamerica.com/content/newsroom/press-releases/2024/05/bofa-report--70--of-prospective-homebuyers-feel-renting-could-be.html

• https://fred.stlouisfed.org/series/ASPUS

• https://www.hud.gov/

• https://www.census.gov/

• https://www.census.gov/construction/nrs/index.html

• http://www.census.gov/housing/hvs/files/currenthvspress.pdf