For most, owning a place is now pricier than renting
For most, owning a place is now pricier than renting

For most, owning a place is now pricier than renting

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9 min
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<p>A big swing in the housing market occurred over the last year: for the vast majority of people, it&#8217;s now cheaper to rent a place than to own it. According to a new report, that&#8217;s in big part due to rising mortgage rates, which have risen in tandem with the Fed&#8217;s rate hikes. Netflix&#8217;s CEO, Reed Hastings, is stepping down — he helped transform the company from a mail-order DVD service to a streaming behemoth. Christopher Low helps break down what&#8217;s behind the recent strength of bond yields. And, the Sundance Film Festival is back in person after two years of being virtual because of the pandemic.</p>

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clyde22

clyde22

For most, owning a place is now pricier than renting - Listen Free | WowFM