KPIX KPIX 5 News At 6pm July 7, 2024
>> reporter: in the san francisco and san jose metropolitan areas, tucker says in the short-term, renting will be the cheaper option substantially. long-term it's tough to speculate. >> right now the mortgage payment for first-time home buyer buying the typical home in that region is -- that monthly mortgage payment is going to be up around $8,000 or $9,000 while monthly rent in the two regions is somewhere around 3200 to 3300 dollars. >> not only you pay mortgage for the homes but they're costing you more to carry the mortgage round on a kind of monthly basis. >> reporter: jordan le...