Buying a home doesn’t make sense for everyone, but in several highly sought-after markets, it may be more difficult to rent. Regions like the Sun Belt have seen a construction boom and, in turn, a drop in prices due to increased inventory, but in coastal cities that has not been the case. “The United States
Most of us have heard the golden rule of housing: don’t spend more than 30% of your income on housing. Known as the 30% rule, it’s a benchmark that financial experts often cite to help households avoid becoming “home poor,” meaning they have little savings left after paying monthly housing costs. Unfortunately, for many Americans,
