Should You Rent or Buy? The New Math.

Published: Dec. 1, 2023, 5 a.m.

b'For many millennials, buying a home has become almost entirely out of reach. Average 30-year mortgage rates are hovering around 7 percent \\u2014 the highest they\\u2019ve been since 2007 \\u2014 largely because of the Federal Reserve\\u2019s efforts to tame inflation. David Leonhardt, a senior writer for The New York Times, discusses whether it is time to change how we think about buying vs. renting.'