:

Should a 75 year old rent or buy?: The Definitive Guide for Retirees

According to a 2023 report from the Joint Center for Housing Studies of Harvard University, half of all renter households were cost-burdened, yet renting offers significant flexibility for those on a fixed income. The question of 'should a 75 year old rent or buy?' is a complex one, pitting the stability of homeownership against the convenience and liquidity of renting.