Buy vs Rent Index Update - March 2019
Recent update on the BH&J Rent vs Buy index, which analyzes the 23 largest metropolitan markets to see whether residents are better off building long term wealth through buying a primary residence in their market vs renting their residence and investing the difference elsewhere.
The majority of markets are now indicating that most residents would be better of renting their primary residence and investing the delta. Interesting to see this indicator in "linear" markets like Kansas City and Pittsburgh. Also noteworthy that a market like Houston has been in the "rent" zone since before the crash.
Any other major takeaways out there from this data?