Millennial Opportunities - Buy vs Rent

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Presentation Expressway Buy vs. Rent Presented By Corey Burgess

Transcript of Millennial Opportunities - Buy vs Rent

Page 1: Millennial Opportunities - Buy vs Rent

Presentation ExpresswayBuy vs. Rent

Presented ByCorey Burgess

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Homeownership Rates

Lowest homeownership rate in over 20 years!

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Joe Kennedy & Shoeshine Boy

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Own vs. Rent

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Rising Rents

1 2 3 4 5 6 7 8$1,200

$1,300

$1,400

$1,500

$1,600

$1,700

$1,800

$1,900

$2,000

$1,500$1,560

$1,622

$1,687$1,755

$1,825

$1,898

$1,974

Impact of Just 4% Annual Rental Increase Over Time

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Affordability

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Housing

• Upward rise in rents makes housing more attractive

• Most parts of US still affordable

• Underwriting still tough, but slightly more relaxed

• Rates very cooperative

Prediction: • 4% appreciation

Return on Investment over 5 Years

10% Down Payment 171%

20% Down Payment 85%

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Buy vs. Rent Calculator

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Buy vs. Rent Calculator