Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Real estate investor Graham Stephan has regularly touted buying properties as a great way to build wealth. He hasn't said that as much due to rent looking more affordable than a mortgage at this stage, but he recently revealed one type of real estate investment that you should avoid. "Condos, just in and of themselves, are terrible investments," he said in a recent TikTok. Stephan didn't end it there. He ...

New report reveals how even the city's "affordable" boroughs are pushing renters to the brink, yet closing the affordability gap could take decades AUSTIN, Texas, July 29, 2025 /PRNewswire/ -- A new analysis from Realtor.com® paints a startling picture of New York City's rental market. The median asking rent in NYC accounted for 55% of a typical household income in the second quarter of 2025, almost 10% above the national median in the for-sale market, which sits at 44.5% and more than double the recent sha ...