Mike Palmer in Barron's: How to Determine if You Should Rent or Own?

Should You Buy or Rent?

With mortgage rates over 6% and home prices still near all-time highs, is it good time to buy a home? Barron's spoke with Ark Royal Wealth Management's founder Mike Palmer about his experience advising a newly divorced couple. "Given this unexpected life event, renting provided flexibility, which was very valuable to each party," said Palmer. "Renting isn't the norm for our clients, but there are clearly times when it makes sense."

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