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Is It Ridiculous To Keep Renting?

Chris Niederhauser, Esq.

What PressPlay Means to Me... I woke up this morning and walked out to the beach...

What PressPlay Means to Me... I woke up this morning and walked out to the beach...

Feb 22 2 minutes read

It's not ridiculous, but it makes less and less sense as you see the below consideration

  • The percentage of income needed to rent a median-priced home today is 29.2% vs. the percentage needed to buy a median-priced home at 15.8% 

If you're keeping track, that's almost double the percentage of income to rent vs. Buy a home...

Check it out how that compares historically when comparing Buying vs. Renting...

We put together a website that allows you to enter in how much your paying for rent and where you are living and then sends you a  list of homes you could afford right now for the same as you are paying for rent.

For more information or to schedule a time to speak with us about any questions you have concerning, a downpayment, closing costs or please contact us at 480.779.7761

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