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The price gap between renting and buying has hit the widest point since 2000
(www.marketwatch.com)
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this post was submitted on 25 Sep 2023
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No need to stress about that decision when you could never afford a home anyway.
I once thought that too but you never know, life is funny sometimes
I pay a ridiculously high amount for rent. An equivalent mortgage a decade ago would have put me in a very large property. I pay much more for rent than anyone I know who owns. But I cant afford a house 🤷🏻♂️
I couldn't have bought my home without help from family for the down payment. That said, if interest rates didn't make the monthly payments so high, there are some programs that will give you a grant for the down payment, for example ones that encourage people to move to more rural areas.