Should You Buy or Rent? The New Math.
The Daily (New York Times podcast). Dec. 1, 2023–Michael Barbarro
For many millennials, buying a home has become almost entirely out of reach. Average 30-year mortgage rates are — the highest they’ve been since 2007 — largely because of the Federal Reserve’s efforts to tame inflation. David Leonhardt, a senior writer for The New York Times, discusses whether it is time to change how we think about buying vs. renting.
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