Is it Better to Buy or Rent?

At Gore & Associates LLC, we understand that choosing between buying and renting a home is one of the biggest financial decisions you’ll face. To help navigate this challenge, groundbreaking research from the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index sheds light on this critical question.

Developed by professors at Florida Atlantic University and Florida International University, the BH&J Index analyzes U.S. housing markets, including 23 key cities, to determine whether buying or renting is more favorable for wealth creation in today’s economic climate.

Here’s what the latest findings reveal:

• The U.S. overall and seven cities (including Atlanta, Boston, and New York City) fall into strong "buy territory," signaling better wealth accumulation through homeownership.
• Eight cities, like Los Angeles and Seattle, lean slightly toward buying.
• Five cities, such as Miami and San Francisco, show an even balance between renting and buying.
• Three cities, including Dallas and Denver, are "renter-friendly," with rents outperforming ownership in terms of value.

By comparing the financial outcomes of homeownership versus renting and reinvesting, the BH&J Index offers valuable guidance for real estate investors and homeowners.

At Gore & Associates LLC, we leverage insights like these to help you make informed decisions that align with your financial goals. Whether you’re considering homeownership or exploring real estate investments, we’re here to guide you every step of the way.

📞 Let’s discuss how we can support your journey—reach out to us today!