Despite the White House's unrelenting enthusiasm for the current state of the U.S. economy, a new study reveals renting has overwhelmingly become the more affordable option in major U.S. cities. RENTING IS A BETTER BET IN MARKETS ACROSS THE US Dallas realtor Rogers Healy argued there is a rise in consumers who have a "short-term" business strategy, causing a major shift in real estate across the country. "I think it's shorter term thinking.
You know, I think it's about just stacking chips and getting in. Even if interest rates are 7.25%, which is what we're dealing with today. I think people are thinking short-term with business logic leading them versus emotional logic. And I think that really has shifted real estate all across the board, especially in cities like Dallas. We've got a great run ahead of us," the Dallas realtor told "Fox & Friends" earlier this week. The data showed that the monthly cost for a starter home in the largest 50 U.S
Source: Real Estate Daily Report (realestatedailyreport.net)
Renting Affordable Major U.S. Cities Real Estate Short-Term Business Strategy
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