Real estate: is it better to buy or rent a house?

For most Americans, a home is the biggest purchase ever. In a normal economy this would be scary, but with the housing market trending upwards (although some markets seem to be slowing down), mortgage rates are higher than they have been in a very long time. If that’s the case, it’s downright terrifying.

Buying a home comes with risks. I don’t understand the purchase issues that aren’t showing up during the inspection and I’m afraid everyone will overpay and end up with an asset worth less than the purchase price.

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