Leave a Message

Thank you for your message. We will be in touch with you shortly.

Is It Really Better To Rent Than To Own a Home Right Now?

March 6, 2023

Buyer

Is It Really Better To Rent Than To Own a Home Right Now?

Is It Really Better To Rent Than To Own a Home Right Now?

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.  

A lot of the time, these reports are assuming things that aren’t realistic for the average household. For example, the methodology behind one of those reports says that renting is the smarter financial option because of the opportunity to invest money elsewhere. It assumes renters take the money they’d spend on costs tied to buying a home and put it in an investment portfolio.

But here’s the thing – most people who rent aren’t making those investments. Ken Johnson, Co-Author of the BH&J National Price-to-Rent Index, explains:

“One of the difficulties with the rent and reinvest model is many people . . . simply rent and spend the difference. . . . That’s wealth destroying.”

The reason homeownership is one of the best investments you can make is the wealth it helps you build. That’s why there’s a significant difference between the net worth of the average homeowner and the average renter (see graph below):

So, before you renew your rental agreement, think about the opportunity to build wealth that homeownership provides.

Bottom Line

If you’re unsure whether to continue renting or to buy a home, let’s connect to help you make the best decision.

Explore Our Other Blogs

Stay Updated On Our Most Recent Blog Posts

Buyer's Real Estate Tips

San Jose Real Estate Data 2026: Evergreen & Silver Creek Proof-First Strategy

Brian Ng  |  July 7, 2026

San Jose Real Estate Data 2026: Evergreen & Silver Creek Proof-First Strategy

Buyer's Real Estate Tips

San Jose Homes Are Moving Fast, But Smart Buyers Want Proof First

Brian Ng  |  June 30, 2026

San Jose Homes Are Moving Fast, But Smart Buyers Want Proof First

Buyer's Real Estate Tips

San Jose Homes Are Still Selling Fast—But 2026 Buyers Want Proof Before They Pay

Thao Dang Pham  |  June 19, 2026

San Jose Homes Are Still Selling Fast—But 2026 Buyers Want Proof Before They Pay

Buyer's Real Estate Tips

San Jose’s 2026 Market Split: Why Evergreen Is Holding Strong While Silver Creek Turns Selective

Thao Dang Pham  |  June 10, 2026

San Jose’s 2026 Market Split: Why Evergreen Is Holding Strong While Silver Creek Turns Selective

Buyer's Real Estate Tips

Mid-6% Rates, Fast San Jose Sales: The Smart Leverage Strategy for Evergreen & Silver Creek Buyers

Brian Ng  |  May 28, 2026

Mid-6% Rates, Fast San Jose Sales: The Smart Leverage Strategy for Evergreen & Silver Creek Buyers

Real Estate

Rates Fell. San Jose Didn’t Slow Down: The 2026 Evergreen & Silver Creek Playbook

Brian Ng  |  May 5, 2026

Rates Fell. San Jose Didn’t Slow Down: The 2026 Evergreen & Silver Creek Playbook

Let's Talk

You’ve got questions and we can’t wait to answer them.

FOLLOW US ON INSTAGRAM