06.08.2012 - Buying beats renting in most U.S. cities
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
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