Rent pushes CPI Higher in November
December 14, 2023
In my interview with Seana Smith & Brad Smith from Yahoo Finance today we discussed single-familiy rental rates and my thoughts on mortgage rates going into 2024.
Without a Full Understanding of Homeownership Costs, Residents Cannot Make Good Financial Decisions.
If your analysis still prizes these three metrics above all else, prepare to be outmaneuvered.
Renting a brand new house offers several advantages, including minimal maintenance, modern amenities, and the potential for higher rental rates, while also avoiding the upfront costs and responsibilities of homeownership.
Build-to-rent (BTR) communities, offering single-family homes specifically designed for renters, are a growing trend in the United States, providing an alternative to traditional homeownership, especially for those struggling with affordability or seeking a more convenient rental experience.
A societal shift towards renting houses, driven by factors like rising home prices, economic uncertainty, and changing lifestyle preferences, is impacting the housing market, with more people, particularly younger generations, choosing to rent over buy. Here's a more detailed breakdown of the reasons behind this trend:
