Millennial Opportunities - Buy vs Rent
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Presentation Expressway Buy vs. Rent Presented By Corey Burgess
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Transcript of 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