Jan 12, 2018

01/12/2018: When being a renter becomes cheaper than being a homeowner

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(Markets Edition) The stock market seems to be doing well, but the bond market — not so much. Chris Low, chief economist at FTN Financial, joined us to explain what could be going on. Afterwards, we'll look at a new…

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Rent or own? The affordability conundrum

Jan 12, 2018
“Comparing whether to buy or rent is really picking the lesser of two affordability evils,” says ATTOM Data Solutions' vice president.
Scott Olson/Getty Images

(Markets Edition) The stock market seems to be doing well, but the bond market — not so much. Chris Low, chief economist at FTN Financial, joined us to explain what could be going on. Afterwards, we’ll look at a new report that shows more than half of Americans now live in places where it’s more affordable to rent than own a house, and then discuss why so many in the U.S. are struggling to pay back their credit card debt.

The team

Stephen Ryan Producer, BBC