Manner Property Group Blog

Home Ownership for Millenials

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Homeownership as a worthy investment has been called into question in the aftermath of the housing crash, with everyone from Suze Orman to James Altucher wondering whether a home of your own is still an important part of the American Dream.

But if it does make sense to buy a home, it certainly looks like there’s never been a better time. Trulia reports that owning is cheaper than renting by 35 percent, nationally. The reason is a combination of housing prices that are still well off their highs and interest rates that are still near historic lows, even after a recent uptick.

 

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