Should You Rent vs Buy in 2018? – Economic Insights from realtor.com

It’s the age-old question. Should you rent or buy a home. Every situation is different, sometimes renting is the best option depending on your financial situation or how the economy in your city is doing. Overall homeownership and buying a house have been great ways of building wealth and living the American dream. In today’s video Chief Economist Danielle Hale from realtor.com will discuss how the economy is in 2018 and whether or not you should rent or buy.

Welcome to a new series on economic insights with realtor.com’s chief economist Daniele Hale. In this series, they talk about how factors in the economy can impact the housing market. From the job report, case schiller, new construction, sold homes, rent vs buy all the way to GDP.

Every one of these topics can impact your home’s value and Danielle Hale will help you understand them in a way that will allow you to make informed decisions.

See more at https://www.realtor.com/research

What Americans Think of Trump’s Tax Plan

Source: Statista

It looks like a win for Donald Trump: Congress has passed the GOP tax bill. However, the dampener is that this win isn’t very popular with the American public. According to a poll by Quinnipiac University, the majority disapproves of it (52 percent).

Neither do people think it will create jobs nor boost the economy. A large swath of respondents (61 percent) is convinced the tax reform will profit the rich, while only close to a quarter believe the presidents promise to deliver tax respite to the middle class. Many respondents think the bill either won’t affect them or actually increase their tax burden.

Real Estate Infographic