The question of whether it’s better to buy a home or rent needs some fresh thinking.
Rents have been rising and mortgage rates are so low they almost look fictional. Have the economics of housing turned against renting?
Far from it, actually. But we do need to start recognizing that rising rental costs are a factor in the debate over housing affordability. If nothing else, we may see more millennials having to move homes because neither renting nor owning work.