Geographic Lock-In and Career Mobility

Geographic Lock-In is the #1 hidden cost of buying, potentially costing you $125,000 in forgone salary over a decade by preventing relocation for better job opportunities. Renters, free to chase higher-paying markets, can increase income by 15% on average within two years of moving. This mobility advantage makes renting more flexible than owning, especially for careers in tech or finance where job hopping is common.