Where Renting Pays: In These Markets, Owning Takes a While to Pencil Out

Posted from: https://www.zillow.com/blog/where-renting-pays-rent-or-own-216849/

The pressure to buy a house can be intense, particularly in markets where home values are skyrocketing. People appear to be making a mint on real estate, and renting – instead of buying your own home – can sometimes feel like standing still.

But that’s not necessarily the case.

It takes more than two years before buying the typical U.S. home makes more financial sense than renting it, when averaging the costs of home buying and renting nationwide, according to <a href="htt…

Posted from: https://www.zillow.com/blog/where-renting-pays-rent-or-own-216849/

The pressure to buy a house can be intense, particularly in markets where home values are skyrocketing. People appear to be making a mint on real estate, and renting – instead of buying your own home – can sometimes feel like standing still.

But that’s not necessarily the case.

It takes more than two years before buying the typical U.S. home makes more financial sense than renting it, when averaging the costs of home buying and renting nationwide, according to <a href="htt…

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