US Housing Market Swings in Favor of Homeownership

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According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, homeownership is a better way to produce greater wealth, on average, than renting. The results from the first quarter index showed that “16 of the 23 metropolitan markets investigated moved in the direction of buy territory.”

根據最新巴拉查,哈丁和強生(BH&J)購屋與租屋指數,擁有自己的住屋遠比租屋更能增長個人財富,從今年第一季的指數結果顯示,“23個大城市中,有16個城市的市場正往購買住屋的方向成長。”

The BH&J Index is a quarterly report that attempts to answer the question:
BH&J指數試圖在每季報告中回答這個問題:

Is it better to rent or buy a home in today’s housing market?
在現今房地產市場中比較適合買屋還是租屋?

“The U.S. housing market, when considered as a whole, has swung marginally more in favor of home ownership over renting a comparable property and investing monthly rent savings in a portfolio of stocks and bonds.”

“以整體性來觀察美國房地產市場,購買房屋遠勝於租賃相似的房屋,省下的租金可用來投資股票和債券

The latest results were released shortly after the S&P/Case-Shiller Home Price Index, which reported that home prices had climbed 5.4% nationally since March 2015.

這最新的調查結果是在S&P/ Case-Shiller房屋價格指數發表後出爐,該指數報告指出,全國房價從2015年3月起已上漲5.4%。

Ken Johnson Ph.D., Real Estate Economist & Professor at Florida Atlantic University, and one of the index’s authors states:
該指數作者之一,同時也是佛羅里達大西洋大學房地產經濟教授肯·約翰遜博士指出:

“This [growth] appears to be driven by a steady but strengthening job market, rising rents relative to rising ownership costs and recent slower growth in traditional financial portfolios consisting of stocks and bonds.”

“這[成長]似乎是由穩定和強壯的就業市場,房租和房價的上漲,以及傳統的股票和債券投資減少等原因一同帶動。”

Dallas and Denver are two of the major cities that continued to move deeper into rent territory, but they moved at a slower rate than they had in previous quarters. Johnson believes that, in these two markets, “strong economic support…should make for a soft landing in terms of slowing property price growth, increased marketing time for properties and lower probabilities that sellers will actually transact and close during a given marketing effort of their property.”

達拉斯和丹佛是兩個往租賃成長的主要城市,但目前增長的速度比前幾季緩慢,約翰遜認為,這兩個市場需要,“強而有力的經濟支持……應該著重於減緩房地產價格上升,增加市場開拓時間。”

Bottom Line
結論

Buying a home makes sense socially and financially. Rents are predicted to increase substantially in the next year, so lock in your housing cost with a mortgage payment now.

購買房屋對個人社交和財務都有幫漲,房屋租金預計會在明年大幅增加,因此還不如現在馬上行動訂下固定的每月房貸。

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