Here is a list of all the insights pages on the site.
We ran across an interesting piece on Substack that analyzes renting versus buying. While not an expert on cities or geography, the author had a career on Wall Street and astutely analyzes the numbers on each decision.
To summarize the author's findings, the common wisdom is that buying a house is a far better financial deal than renting. However, real life is not so clear cut, especially with mortgage rates at 7%. Renting allows one to build up a substantial investment portfolio and avoid costs like property taxes, insurance, and maintenance. However, buying a house pays off in the long term due to the double whammy of the asset's appreciation and the avoidance of rental inflation. The correct decision depends greatly on assumptions regarding unpredictable economic factors such as home price inflation, rental inflation, and investment returns.
The entire article is worth reading for anyone contemplating this major financial decision.
To get personalized recommendations for what city to live in that can be customized for either buying or renting, take our quiz!