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Chart of the Day: Imbalance of Rent vs. Buy

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer Jul 23, 2024
Line graph showing Renter Burden vs. Homeowner Burden changes from 2015 through 2024.

Contents

Today’s Chart is from Zillow showing that typically the share of income spent on housing costs for homeowners, such as mortgage, taxes, and insurance, has been lower than what renters pay for rental units.

However, with the increases in costs starting in mid-2022, this has changed. As with all things, and those who have seen my presentations know, this imbalance between supply and demand will not endure, and rental rates will increase with more demand to rent, or homeowner’s costs will decline as demand falls, or some combination of the two.
Chart of the Day

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

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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