Record inflation is prompting some to question the value of homeownership as an investment.

Home prices have been rising faster than incomes, increasing the cost of maintaining a home.

Over 25% of homeowners with mortgages are “cost-burdened,” spending more than 30% of their income on housing, according to a 2023 Chamber of Commerce analysis, CNBC has reported.

Experts highlight that rising property taxes and insurance costs, driven by increasing home values, often surprise new homeowners.

Written by B.C. Begley