Buying a House? Lower Interest Rates May Not Be the Answer in 2024
The Money with Katie Show
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Renting vs Buying: Exploring Housing Affordability
This chapter explores the affordability of renting versus buying a home in the current housing market, showcasing that renting is now cheaper than buying in 71% of major cities. It presents the potential financial advantage of renting and investing the difference, along with guidance on determining home affordability using the price-to-rent ratio.
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