The index looked at the relationship between buying a property and building wealth through a buildup of equity versus renting a comparable property and investing in a portfolio of stocks and bonds, and concluded that «In terms of wealth creation, the U.S. housing market, when considered as a whole, has swung marginally more in favor of home
ownership over renting a comparable property and investing monthly rent savings in a portfolio of stocks and bonds.»
«Due to high housing affordability and today's interest rates it makes sense for people to consider home
ownership over renting.
Renting may be preferable for some folks... but there's a reason 68 % of Americans choose home
ownership over rent.
Not exact matches
Still, many people factor in an
ownership premium — the amount they'd pay
over and above the cost of
renting for the freedom, stability and simple bragging rights of having their own place.
When home values
over many years of
ownership rapidly increase, but their
rents don't increase at that same pace, your return, not on your initial investment, but on the money tied up in the property drops.
Falling home
ownership rates and a 20 % increase in
rents over the next five years are likely without government action on housing, a report has warned.
Owning a home in a community, long - term neighbors, pride of
ownership and the stability involved with long - term
ownership are all tangible social benefits that first - time home buyers gain
over renting.
Within 15 months of
ownership, and working my butt off on this deal by working my magic, I was able to take the occupancy from 86 % to 98 % and increase
rents over a $ 100 per unit.
«I expect a lot of folks in Houston to be on the safe side and opt for
renting over ownership.»
Meanwhile, as it remains difficult to access financing to purchase housing, the middle class won't necessarily be poised to leave
renting for
ownership, despite the increase in incomes, and the number of renters is expected to keep climbing
over the next couple of years, says Anthony Cazazian, chief investment officer at property management firm Renters Warehouse.
It depends on how you view the longtime tax - code preferences for encouraging
ownership of homes
over renting.
Over a third of the nation's households now
rent, while home
ownership continues to decline.
«With an increasing share of consumers expecting higher mortgage rates and home prices
over the next 12 months, some may feel that
renting is becoming more costly and that home
ownership is a more compelling housing choice.»
There will be a shift from home
ownership to
renting over time.