The New York Times just ran a feature asking: is it still better to buy than rent? Their interactive calculator compares upfront costs, monthly payments, and potential appreciation.
But here’s the catch—it doesn’t account for long-term wealth building. Homeownership remains the #1 driver of net worth for most families, especially in markets where rent continues to climb.
Even with higher rates, most buyers build equity faster than renters build savings. Plus, with tools like DPA, MCCs, and temporary buydowns, buying may be more accessible than most think.
If you’re debating this question, don’t just play with online calculators. Let’s run real numbers based on your location, price point, and goals.
Ownership isn’t just math—it’s stability, tax advantage, and long-term leverage.
Jay Atterstrom
📧 [email protected]
📞 (214) 377-0033