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Chart of the Day: Buying vs. Renting

Crews Bank & Trust Wealth Management Services Jul 25, 2023
graph shows relationship between buying and renting from 1970 to 2022

Contents

Today’s Chart of the Day comes from re:venture in a discussion on Reddit. It's important to remember that the monthly cost to buy (yellow) is usually more than the cost to rent (blue), but a large difference between the two is not sustainable. Eventually, as people decide whether to rent or to buy, the cost to buy will have to decline, or the cost to rent will have to increase. The past is not predictor, but in the past, the cost to buy has been the one to correct.
Chart of the Day

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Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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