within a matter of years. Even in the prolonged sky high mortgage rate years of the 80’s it improved over time and ultimately essentially came back to even. At least based on this Re:Venture consulting data from Zillow, Case Shiller, and BLS info. It’s essentially as bad as it has been since the early 80’s or peak 2006.



But right now it’s awful. I am also really burnt out of renting after years and years of it, and of rent increases. Not only is buying vastly more expensive than renting, it’s so much that I can’t even make that jump, even if I wanted to take on a completely irresponsible DTI to get into owning instead of renting (which I do not). A moderate amount more to buy than to rent is doable, current amounts are not.

I’ve been getting creative and looking for an assumable mortgage the last 6 months or so, because the numbers do work if I can assume someone’s existing lower rate loan. But there is no chance to buy at market rates, it’s way too much per month.