ilmscore | Renting vs. Buying a Home: The 8.71% Rule

Renting vs. Buying a Home: The 8.71% Rule

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Topic
Status
Renting will be much more appealing than owning a home in the short term due to high mortgage rates in the United States.
"with mortgage rates being so high in the United States as of right now it really looks like renting is going to be much more appealing than owning a home especially in the short interim period"
Real Estate (Renting vs. Buying)
Pending
Buying a home has the greatest potential for investment upside if planning to stay in the location for more than 5 to 8 years.
"however if you're planning on staying in a place for more than 5 to 8 years and you're actually buying a home I think that actually has the greatest potential for the most amount of upside in terms of an investment"
Real Estate Investment (Home Ownership)
Pending