Renting Forever and Trying to Create a Strong Financial Future
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#b15ff15f ver:0.17

Only 40% of US renters believe they'll be able to buy a home, the lowest number in 10 years, due to high real estate prices and mortgage rates. In the northeast, only 26% think they can afford to buy. Rising housing costs, limited inventory, and high mortgage rates make it difficult for renters to transition to homeownership. Many choose to rent forever, requiring a different financial plan. Renting is currently more affordable than buying a starter home in the US, with costs $1,027 higher on average. Renting will remain more convenient due to high interest rates. #RentingForever #AffordableHousing #Homeownership...

#newstr #Renting #Buying #Homeownership #HousingMarket #MortgageRates 

 https://here.news/story/b15ff15f?ver=0.17