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Should You Rent or Buy? The New Math.

For many millennials, buying a home has become almost entirely out of reach. Average 30-year mortgage rates are hovering around 7 percent — the highest they’ve been since 2007 — largely because of the Federal Reserve’s efforts to tame inflation.David Leonhardt, a senior writer for The New York Times, discusses whether it is time to change how we think about buying vs. renting.Guest: David Leonhardt, a senior writer for The New York Times. He writes The Morning, The Times’s flagship daily newsletter, and also writes for Sunday Review.Background reading: Are you ready to buy a home? Should you…

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