As younger Americans navigate rising costs of living in this pressured economic environment, many are pondering whether it’s still worth it to rent an apartment or house. While mortgage rates inch lower, 59% of American renters plan to continue renting rather than buy a house, according to a Zillow report.
Zillow Group Home Trends Expert Amanda Pendleton weighs the factors that make it more beneficial to buy rather than continue to rent, including regional differences and home value appreciation.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime: https://finance.yahoo.com/videos/series/market-domination/
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