Many young people say they have no interest in ever owning a home. So these days, more and more people are renting. But commentator Chris Farrell says buying is still a better option for all concerned.
Things are looking up in the housing market. People are starting to buy houses again. Mortgage rates are at an all-time low and there's lots of inventory. Or is there?
New research from the Brookings Institution says Americans will pay up to $1,500 more in rent every month to live in a "walkable" neighborhood — say, a place near their dry cleaners or grocery store or favorite restaurant.