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#2As a 30-something lifelong renter, I constantly ask myself: how dumb am I for renting? Based on the current combo of high mortgage rates and home prices, however, the answer right now is not that dumb, maybe even smart. Relieved as I was to hear this, I still feel dread. Renting is the better option not because it's a steal, but because all housing options have become ludicrously expensive.