Daren Blomquist
speaker
110 appearances
2 recordings
1 series
first heard Jan 2018
last heard Jan 2018
Daren Blomquist’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Buying a Home More Affordable Than Renting in Most Markets · 15 Jan 2018
podcast
And again, it's still going to cost you a big chunk of your income to rent in those markets.
In a lot of these, it's upwards of 50%.
However, what we see is that the home prices have accelerated so quickly in those areas that renting is still the better alternative in terms of affordability.
Well, when we get into more affordable to buy, when we look at the most populous counties, it does tend to be more in the middle of the country.
We see Tarrant County in Texas, which is in the Dallas area.
Now, Broward County in Florida, which is also in South Florida but a little bit outside of Miami, is still more affordable to buy.
Bayhart County, Texas, which is San Antonio.
Wayne County, Michigan, which is Detroit, and Philadelphia County, Pennsylvania, are
The top five there where it is more affordable still to buy than to rent.
Thank you, Charlie.
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