JOAN MULLER: Why it’s better to rent than buy a home now — despite rate cuts
Asking prices for rentals have fallen for the first time in a decade. That’s bad news for landlords, but great news for tenants
19 February 2021 - 06:00
Is it really cheaper to buy than to rent right now? That’s the story that residential property experts are sticking to — but I’m not convinced.
Admittedly, last year’s three percentage point rate cuts, pushing interest rates to near 50-year lows, have made it more affordable to pay off a home loan. ..
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