We came across this interesting article about the current cost of homeownership. In summary, they are providing statistical data showing that the cost of homeownership is still well below the historical average. This makes sense because mortgage rates are still historically low, affordability is still at a point where economists are not concerned, and rents are continually rising with no end in sight. Homeownership is still the primary choice for consumers, and it should be.
Read the article for more information on the subject: The Cost of Your Home Will Be Less Than You Parents’ Was
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