#renting-vs-buying

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fromSlate Magazine
1 week ago

My Husband Thinks Buying a House We Can't Afford Is Our Ticket to Security. Uh, No?

My husband and I live in a very high cost area. I am currently unemployed in a highly competitive field, though with many promising prospects that could coalesce in the next few months (or not! we live in unprecedented economic times!). His very low six-figure income supports us both, plus a special needs pet. The thing is, he wants us to buy a house. My husband is tired of renting, which he considers "paying off someone else's mortgage," and wants to get serious about buying a home.
Real estate
Real estate
fromFortune
2 weeks ago

Millennials and Gen Zers are clamoring to break into the housing market. But this real estate expert says 'not everyone should be an owner' | Fortune

Renting often provides greater affordability and flexibility than buying given high mortgage rates, sharply higher home prices, and substantial hidden ownership costs.
Retirement
fromFortune
1 month ago

The 'godfather of financial independence' says young people should do two things to build wealth-and it's nothing 'silly' like buying a house | Fortune

Invest in Vanguard Total Stock Market Index Fund (VTSAX) and rent rather than buy a home to build wealth.
Retirement
fromFortune
1 month ago

The 'Godfather of Financial Independence' says young people should do two things to build wealth-and it's not buying a house, which is 'silly' | Fortune

Invest broadly in low-cost total market index funds like VTSAX and prefer renting instead of buying a home to improve wealth-building prospects.
US news
fromwww.npr.org
1 month ago

Have questions about homeownership or renting? NPR wants to know

Homeownership and renting decisions are complex; people need clear guidance on buying, renting rights, financial trade-offs, selling, and navigating housing information.
NYC real estate
fromSFGATE
2 months ago

5 Key Takeaways: Finding Senior Communities That Feel Like Home

Older homeowners prefer renting in comfortable, amenity-rich senior communities due to high mortgage rates and a desire for an independent lifestyle.
Austin
fromSFGATE
3 months ago

5 Key Takeaways: Renting vs. Buying in This Texas City

Austin, Texas, is the top city favoring renting over buying due to a significant gap in costs.
Retirement
from24/7 Wall St.
5 months ago

We rent in a high-cost city and plan to retire - does not owning a home make our plan too risky?

Choosing between renting and buying is crucial for early retirees, particularly in high-cost areas.
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