Housing market: Should you buy now or rent for longer?

Many would-be homebuyers are choosing to sit on the sidelines and instead rent for longer as housing costs remain elevated. Yahoo Finance contributorThe question of whether rent or buy is a big decision, many Americans are facing.There is no clear cut answer right at the end of the day, you know, you might hear some people say, well, actually you should buy because that's an investment.

The ability to say, hey, you know, maybe I wanna move somewhere in a month or in a, in a year, we'll call it a year, right? So one, you got flexibility two, you also have the ability to, you know, actually live in different places and actually maybe you wanna live on the water, you, your job isn't as stable.I think as a homeowner, you have the ability to be building up equity, you have the ability to have tax advantages.

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