Buying a home becoming a better deal than renting?

Buying a home becoming a better deal than renting?


DAGEN: THE ETERNAL QUESTION WHEN IT COMES TO HOUSING, RENT OR BUY. ACCORDING TO A HARVARD UNIVERSITY’S DADDY, HALF OF ALL RENTERS OR COST BURDEN, MEANING ONE THIRD OF THEIR INCOME GOES TO PAY RENT. JOINING US NOW WITH HIS ROGERS HEALY AND ASSOCIATES REAL ESTATE. COUNTRY BY RENTING HAS BECOME AN INCREASING BURDEN?>>THE PARTS OF THE COUNTRY PEOPLE OF THE STRONG DESIRE TO LIVE IN. THE BLUE-COLLAR CITIES, THE ONES ON THE OUTSIDE OF THE URBAN CORE. BUT YEAH, REAL ESTATE 101, LOCATION TO THE CLOSER TO THE EXPENSIVE IT WILL BE. DAGEN: 17 OF THE 33 U.S. CITIES ARE CHEAPER FOR RENTING AND BUYING. EVERYBODY I THINK DEEP DOWN WHAT ARE THE OPPORTUNITIES FOR BUYING RIGHT NOW?>>IT’S ON THE AREAS THAT HAVEN’T BEEN AFFECTED AFFECTED YET BY JUSTIFICATION. WE SEE THAT IN THE CITY’S THE PLACES YOU GET THE BEST BANG FOR YOUR BUCK OR THE 13 OR FOUR LAYERS OUT FROM THE PLACE EVERYBODY WANTS TO BE. REAL ESTATE HAS ALWAYS BEEN LOCATION, BUT IS SHIFTING, NOT REALLY BUT QUICKLY TOWARDS AFFORDABILITY. PEOPLE CHANGE PRIORITIES AND 15 MINUTES AS LONGER AS LONG AS THEY HAVE EQUITY IN SOMETHING RATHER THAN TURN AWAY TO RENT.>>OUT OF NEW YORK CITY DID ON I’M CONFUSED.>>AN AVERAGE RENT PRICE ACROSS THE COUNTRY IS TWO BUCKS A FOOT AND IN CITIES LIKE NEW YORK CITY YOU ARE CLOSER TO 4.5 TO $5 A FOOT. YOU HAVE AN 800 SQUARE-FOOT STUDIO PAYING $4000 A MONTH OR YOU CAN LIVE IN BROOKLYN OR A PLACE THAT IS NOT IN MANHATTAN FOR PROBABLY $800,000 GET A GOOD MORTGAGE, AND MAKES MUCH SENSE FRANCISCO, L.A. NEW YORK USUALLY STARTS TO TRY AND FOR STUFF LIKE THAT.>>VEGAS IS HAVING THE IMPACT OF THE TAX BILL. THE STATE AND LOCAL DATA ABILITY, YOU QUESTION WHETHER OR NOT THERE WAS A PULLBACK IN TERMS OF REAL ESTATE DEVELOPMENT , BUT IMPACT ON NOT. HOW DO YOU SEE THE PERSPECTIVE OF THE RENTER.>>LET’S BE HONEST HERE WHENEVER THERE’S NEWS IS RELATIVELY SECURE, EVERYBODY WILL FREAK OUT. PEOPLE NEED TO DO RESEARCH AND REALIZED IT WILL AFFECT THE ULTRA RICH PEOPLE BECAUSE THE TAX DEDUCTION IS GOING DOWN FROM A MILLION DOLLARS IN ALONE TO 500,000. ALL IN ALL IT WILL NOT HAVE BIG ENOUGH IMPACT BUT WILL SLOW THINGS DOWN IN GENERAL AND PEOPLE IN THE REAL FACE HILLSIDE IS PART OF WHAT WE’RE USED TO. IT WILL TAKE SOME TIME TO FAMILIARIZE THEMSELVES ON WHAT WILL HAPPEN AND HOW WILL AFFECT THEM.>>IT’S A $750,000.

3 thoughts on “Buying a home becoming a better deal than renting?

  1. 800k mortgage for a Brooklyn condo lmao…I rather rent and save

  2. since when was buying a home not a better deal than renting. Buying a home you build up equity. When you rent you are just throwing money out the window.

  3. Rather own a home gonna rent for six months and then buy a home

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