The current uptick in young renters considering home buying highlights a cautious optimism driven by lower mortgage rates and better down payment readiness.
Despite soaring home prices, if buying a home doesn’t adversely affect important financial goals, it may still be a sensible choice.
Homeownership costs, including maintenance and taxes, must be weighed against renting, especially given current housing affordability concerns.
Investing in the stock market outperformed home investment significantly over decades, suggesting potential opportunity costs in purchasing a home now.
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