Is "house-hacking," an actual hack? Or are you actually missing out on potential cash flow?

The article discusses the current housing market trends, noting that supply-demand dynamics and high inflation have driven up the costs of home sales and rentals. It introduces 'house-hacking' as a potential solution for homeowners seeking to create passive income by renting out space. However, homeowners must consider the trade-offs in terms of privacy and maintenance. Data indicates that rents have increased significantly since the pandemic, with the current average rent hike at 33.5%, intensifying concerns about housing affordability.

House-hacking allows homeowners to offset rising housing costs by generating passive income from renting out part of their living space, despite challenges regarding privacy and maintenance.

Rents have risen over 33.5% nationwide since the pandemic, with urban centers facing even steeper increases, highlighting the growing housing affordability crisis.

Read at 24/7 Wall St.