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The Myth of the 'Forever Home' in the US Housing Market: Factors Influencing Renters' Decision to Continue Renting Instead of Buying Homes /
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2024-05-19 15:58:49

The Myth of the 'Forever Home' in the US Housing Market: Factors Influencing Renters' Decision to Continue Renting Instead of Buying Homes on Nostr: Renting Forever and Trying to Create a Strong Financial Future =============== ...

Renting Forever and Trying to Create a Strong Financial Future
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#b15ff15f ver:0.16

Only 40% of US renters believe they can buy a home, the lowest in 10 years, due to high real estate prices and mortgage rates. In the northeast, only 26% think they can afford it. Rising housing costs, limited inventory, and high mortgage rates make it difficult for renters to transition to homeownership. Some, like Michael and Christy Rogers, choose to rent forever, investing in the stock market instead. Renting can be a better financial decision depending on the market, but planning for retirement without home equity requires a conservative approach and strong credit score. #RentingForever #FinancialFuture...

#newstr #Renting #Homeownership #FinancialPlanning #HousingCosts #InterestRates #StockMarket #Investing #RentVsBuy #Retirement #CreditScore

https://here.news/story/b15ff15f?ver=0.16
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