@GiddyGap@lemm.ee to

News@lemmy.world • 1 month ago

Owning a home has rarely been this much more expensive than renting

finance.yahoo.com

cross-posted to:
housing_bubble_2@lemmy.world

367

Owning a home has rarely been this much more expensive than renting

finance.yahoo.com

@GiddyGap@lemm.ee to

News@lemmy.world • 1 month ago

cross-posted to:
housing_bubble_2@lemmy.world

The premium for homeownership has grown in recent years as home insurance, upkeep, and high mortgage rates skew the buying vs. renting math.

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@dogslayeggs@lemmy.world
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1•1 month ago
The property tax on my house is $7000/year… and that is with a fixed assessment from 12 years ago. If I were to buy my house today, my tax would be $21000/year.
- @fishpen0@lemmy.world
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