The conversation surrounding renting vs. homeownership has been contentious for some time now. The question as to whether it’s cheaper to rent or to buy a home is not clear cut, as several factors can impact both arguments. One recent study—conducted by researchers from Zillow and the online marketplace platform Thumbtack—examines the hidden costs of…
New Zillow research found that where a six-figure earner lives can be the difference between renting a four-bedroom house with a yard and a 650-square-foot apartment. A $100,000 salary is a meaningful advantage in today’s rental market, translating directly into more space, more options and more financial breathing room. But earning six figures doesn’t offer…
Renting is typically the stepping stone to homebuying, but the latest data on housing affordability shows that homeownership may continue to be out of reach for many. As such, property owners can expect to see rentals remain in demand, but may have to adjust their policies to incentivize renters. One policy that can make or…