According to Bankrate's research, the total monthly cost of homeownership is approximately $1,500 when accounting for mortgage, insurance, and capital expenditures (CapEx), making renting a financially better option in the current market.
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Is It Really Better To Rent Than Buy Right Now?Añadido:
Reality is, it's it's far better to rent today than than to buy.
Far better. From a cash flow standpoint, [music] right? The mortgage is one thing, but then Bankrate did a great study that said it's $1,500 a month just to cover all the other stuff, insurance [music] and CapEx and all the other things. So, the real cost is actually quite high. [music] What we need is we need better priced homes.
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