Renting Beats Buying a Home More Often Than You Think
About half of U.S. homeowners would have been better off renting and investing rather than buying a home, but location is key, says Matt Fellowes of Morningstar subsidiary HelloWallet.
Adam Zoll: For Morningstar, I'm Adam Zoll. Buying a home rather than renting has long been seen as a great way to build personal wealth, but is that still true today? Here with some answers is HelloWallet's CEO and founder, Matt Fellowes.
Matt, thanks for being with me today.