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Homeownership may not be the best option anymore moving into 2025 as the cost of owning a home has skyrocketed over the years. Besides your principal and interest payment now you're looking at an additional $24,000 per year on average to be able to just pay for the basics to maintain a home. That's not feasible or possible for many people out there so renting might be the better option for now.

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Articles Mentioned in the Video
apple.news/Au2LMHHiXQtiCD2oxuLFybg
apple.news/Av7T7xP0OR0mm20OXwX6mhA

www.floridarealtors.org/news-media/news-articles/2…

apple.news/AWXFG2tW4QnOVqDanP8vNxA

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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.