Join Ken & Danille live as they discuss why renting is currently cheaper than owning. They will discuss the following factors impacting the hosing market: a lack of available houses keeping sale prices high, increasing supply of apartments stabilizing rent prices, historically high mortgage interest rates leading to expensive monthly payments, affordability challenges for first-time buyers with high home prices and down payments, low personal savings rates, and rising costs associated with homeownership such as property taxes, insurance, and maintenance expenses. The concept of 'renter nation' refers to a growing trend where more people choose to rent instead of own, influenced by these economic and market factors. Join live to discuss!
You can listen to an audio replay of this live stream on Ken and Danille's podcast! Follow your favorite platform with the links below! Apple Podcasts: https://apple.co/3jDqftx Spotify: https://spoti.fi/31GUDwW
• ABOUT KEN: Ken is the author of the bestselling books The ABCs of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABCs of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
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