"Homeownership Eludes Many as High Costs and Rates Persist"

1 min read
Source: Business Insider
"Homeownership Eludes Many as High Costs and Rates Persist"
Photo: Business Insider
TL;DR Summary

A growing number of people are becoming "forever renters" due to high home prices, rising mortgage rates, and the flexibility renting offers. Experts highlight both the financial drawbacks and benefits of renting versus owning, noting that the right choice depends on individual circumstances and market conditions. The trend raises questions about the primacy of homeownership in American culture and its impact on housing policies.

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