#renting-vs-owning

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#housing-affordability #homeownership-costs #mortgage-rates #subscription-economy #ownership-decline
fromFortune
1 week ago

If you want to be financially independent at a young age, don't buy a house, serial investor says. Home ownership is just an 'expensive indulgence' | Fortune

Collins, the best-selling author of Pathfinders and The Simple Path to Wealth, said the reasoning is simple: Buying a home "dramtically inflate[s]" your cost of living. While your mortgage payment and rent payment may be similar on paper, owning a home ends up costing more in the long run and comes with unexpected expenses-often referred to as the "hidden costs" of homeownership, like insurance, repairs, and updates.
Real estate
Business
fromwww.aljazeera.com
1 month ago

Why subscriptions are taking over our lives

Companies are shifting toward subscription business models, driving a generation that increasingly rents films, music, software, storage, cars, and printers instead of owning them.
Real estate
fromBusiness Insider
2 months ago

I decided to live in a build-to-rent community after buying a home. I'll never buy again.

John Santa Orta sold his house and chose to rent a build-to-rent townhouse for affordability, space, and stability, and likely will not buy again.
Real estate
fromSFGATE
6 months ago

Dave Ramsey Saves Listener With $1Million in Her 401(k) From Becoming a 'Victim of the Real Estate Market'

Renting indefinitely can lead to financial instability, especially for those approaching retirement.
LA real estate
fromThe Mercury News
9 months ago

Will California's low homeownership ever get fixed?

California's low homeownership rate highlights the need for a shift in housing policy, possibly favoring ownership over rental options.
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