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rent

A collection of 2 posts
real estate

Nationwide typical home costs 25% more in monthly mortgage compared to rent

Per Redfin The difference between how much one would spend on a monthly mortgage versus renting was reportedly 25%. It was noted that homeowners would spend this additional on their mortgage while renters would be able to save this difference. This was according to Redfin, which found that despite the
31 May 2023 1 min read
mortgage

Monthly mortgage vs. rent sees the largest gap since 2006, the peak of the housing bubble

Per Business Insider The difference between paying mortgage compared to rent has seen its largest gap since 2006, which was around the peak of the housing bubble. This peak eventually led to the Great Financial Crisis, which saw multiple bankruptcies, foreclosures, and banks collapsing. The National Multifamily Housing Council, which
06 Apr 2023 1 min read
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