‘Renters are People Too’: The Benefits of Renting Single-Family Housing
Schwab Network · Schwab Network
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Show Notes
Jay Parsons discusses the “substantial burden” facing would-be homebuyers right now and how banning institutional investors buying houses doesn’t change those dynamics. He argues that owning is much more expensive than renting right now, and that many renters can’t get a mortgage. He notes that less starter homes are being built and there is less upward mobility than he would like to see. Jay focuses on the benefits of renting a single-family home emotionally, economically, and physically.
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