Homeownership vs. Renting

Many Millennials (27 to 42 years old) and Gen Zs (up to 26 years old) have convinced themselves that renting is a better lifestyle choice than homeownership. And why not? Renting offers certain advantages such as flexibility and predictability, and studies have shown that after 30 years, a prudent renter could be just as well off financially as a homeowner. Renting gives you the freedom to pick up and move with relative ease when your lease ends, and if you’re...