Deciding whether to rent or buy a home today depends on clear numbers not just feeling With interest rates and housing costs much higher than a few years ago monthly payments can change the outcome for many people In s market a typical example shows why this matters A house with an loan at about led to total ownership costs near per month A comparable monthly rent ran about creating roughly a gap favoring renting for cash flow Long-term studies also show that in many U S cities renting can cost less over decades Yet buying can pay off if you plan to stay and build equity over time In this guide you ll get a numbers-first framework to compare total costs account for taxes insurance maintenance and opportunity cost and make a clear decision that fits your goals and timeline Key Takeaways High interest rates have raised monthly mortgage and ownership costs across many cities A realistic example shows about a monthly gap making renting cheaper today for many Compare total home costs not just principal and interest before you decide Your time horizon matters buying often improves the longer you stay Use a numbers-first framework to weigh cash flow now against long-run wealth outcomes https youtu be lawnNYaWTac si Zqwabvn fcutGdG Understanding your goal what better really means for you today Begin with a clear measurable goal what outcome counts as success for your housing decision Many renters already see the answer Recent surveys show of renters call... Login to read full