Is It Better To Rent or Buy a Home Today?
March 2025
A study shows that 70% of prospective buyers fear the long-term consequences of renting. And here’s why. Rent usually rises over time and that can make it harder to save up to buy a home. But when you buy, you can stabilize your housing expenses and grow your net worth as home values rise. While renting may be the less expensive option in some markets, it can’t match the long-term benefits of homeownership. What’s your #1 reason for wanting to buy?
Disclaimer: The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The Kathy Schmitt Team does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The Kathy Schmitt Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
