Renting Still Beats Buying, But JPMorgan Warns Housing Is Slipping Awa
JPMorgan cited high mortgage rates as a key factor squeezing home buyers, even as rental costs remain the more affordable housing option—income growth simply hasn't kept pace.
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- BenzingaRenting Is Still Cheaper Than Buying — but JPMorgan Says US Housing Affordability Is Getting Worse: ‘Incomes Have Simply Failed to Keep Up’
“The good news is renting is cheaper. The bad news is your landlord just read this and is smiling. Up next, the weather.”
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