The 98 Best Markets for House Hacking in 2022

Abstract

As of May 2022, housing prices are up about 14% year-over-year and up 45% from May 2019. Average mortgage payment for a homebuyer purchasing a median-priced home in June 2022 has increased a staggering 48% over last year. House hacking is a unique living arrangement because it combines many of the benefits of homeownership with rental property investing. The tax savings and potential for appreciation typically help help boost the investor’s net worth. In reality, not all people would do this. Many house hackers ultimately refinance their house-hack, turn it and then purchase another property. For those who intend to pursue that strategy, you intend to pursuing that strategy. ForThose who want to pursue this strategy, you will have to pursue it, you need to buy another property and then turn it into a traditional investment property, and then purchase a new property.