Joe Biden’s economy is having a serious negative impact all across the country and as prices on everything we need skyrocket, the dream of owning a home is slipping away.
A new study, for instance, finds that it is now cheaper to rent than it is to buy a home in the country’s 50 largest metro areas. And this is putting serious pressure on home builders and sales.
It is more cost effective to rent a place to live than to own a home, Bankrate said in a report it published at the end of April.
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While the cost of rent soared over the last few years, the cost of buying and owning a home has not only caught up to that rise in rent
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