Should You Rent or Buy? The New Math.
Update: 2023-12-01
22
22Description
For many millennials, buying a home has become almost entirely out of reach. Average 30-year mortgage rates are hovering around 7 percent — the highest they’ve been since 2007 — largely because of the Federal Reserve’s efforts to tame inflation.
David Leonhardt, a senior writer for The New York Times, discusses whether it is time to change how we think about buying vs. renting.
Guest: David Leonhardt, a senior writer for The New York Times. He writes The Morning, The Times’s flagship daily newsletter, and also writes for Sunday Review.
Background reading:
- Are you ready to buy a home? Should you rent? Take our quiz.
- From Opinion: Millennials are hitting middle age — and it doesn’t look like what we were promised.
- The New York Times’ review of David Leonhardt’s book “Ours Was the Shining Future.”
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
Why working man have to pay 20-35% tax when some superduper huge magnats went to offshores and pay 1%? Why governments all over the world are silent (Macron, bonjour!) about it? Inflation is the result of such inequal rules.
it would have been great to get a better perspective on markets different from big cities. college towns and growing cities might give a faster pay out in the end. also there's so much instability with renting, you never know when the landlord might sell the house.