For people who are willing to stay put for a few years, buying a home has become a much better deal than renting in almost every major housing market in the nation.
In more than 75% of the 200 metro areas analyzed by real estate listing web site Zillow, homeowners would reach a “breakeven point” — where owning the home makes better financial sense than renting it — in three years or less………………………………………..Full Article: Source