lanepaige+Followrent is higher than a mortgage A friend pays $2,400 a month in rent for a 2-bedroom apartment. They applied for a mortgage on a $300k starter home. The bank said no. “Too risky.” So explain this: Paying $2,400 in rent every month is fine. But paying $1,800 in mortgage isn’t? Same money. Same person. Different rules. #House #HousingMarket #RentVsBuy6463Share
Shelly Powell+FollowWhy Renting Might Be Your 2025 Money HackThinking about buying a house in 2025? You might want to keep renting instead. With sky-high mortgage payments and surprise costs like repairs and taxes, renting could save you serious cash and headaches. Plus, you get the freedom to move for new jobs or adventures without being tied down. Many homeowners are feeling buyer’s remorse, while renters can invest their savings elsewhere—like in stocks, which outperformed real estate last year. Don’t let social pressure rush you into buying—sometimes, flexibility and fewer bills are the real win. #RealEstate #MoneyHacks #RentVsBuy62Share
hodgesmaria+Followrent is $2,400, mortgage is $2,400… but i “can’t afford” to buy? Bank says: “You can’t afford a $2,400 mortgage.” Landlord says: “That’ll be $2,400 for rent.” And somehow the system thinks this makes sense. Why is paying rent acceptable proof of income, but paying the same for a mortgage is “too risky”? #House #RentVsBuy #HousingSystem3438Share
hodgesmaria+Followis renting really cheaper anymore? Friends keep telling me renting is the smart move with today’s rates. But when I run the numbers, rent in my city is nearly the same as a mortgage payment—without the benefit of building equity. At the same time, buying feels impossible with down payments and closing costs stacked on top. So is renting really the cheaper option, or just the “less bad” option? #House #RentVsBuy #HousingDebate10Share
Shelly Powell+FollowWhy Buying Beats Renting (or Not) in 2024Thinking about swapping your rent check for a mortgage? Brace yourself: the average U.S. mortgage payment is now 82% higher than renting a two-bedroom place. In cities like Vegas and Phoenix, that gap is even wider. Only in spots like Chicago and Miami does buying come a bit closer to renting, thanks to pricier rentals. With home prices and mortgage rates both climbing, don’t expect relief soon. For now, renting might just be the smarter wallet move. #HomeBuying #RentVsBuy #MoneyHacks #RealEstate10Share
Heather Moore+FollowWhy Buying a Home Feels Impossible NowEver feel like owning a home is just out of reach? You’re not alone—about 70% of US families can’t afford a typical $400K house anymore. Blame sky-high prices, low supply, and mortgage rates that make monthly payments sting. If you’re saving for a place, try side hustles or high-yield savings to boost your down payment. Renting isn’t a bad move either—it keeps you flexible and can help you save up smarter for the future. #HomeBuying #MoneyHacks #PersonalFinance #RentVsBuy #HousingCrisis #RealEstate80Share
