In 2025, the choice between buying a car or a house is a significant financial decision. Real estate expert Robert Grunnah emphasizes the lasting value of houses over cars, which depreciate rapidly. Homeownership offers equity growth and fixed monthly payments, while cars face rising prices and depreciation risks. The average new car price exceeds $48,000, while U.S. home prices appreciate 8%-9% annually. Grunnah advises modest car purchases and prioritizing homeownership for long-term wealth building. Ultimately, the decision depends on individual goals, financial health, and market conditions in 2025.
Read more at Yahoo Finance: Which Is the Better Deal for You Right Now?