The decision tobuy a home or rentis ahotly debated topicboth a personal and a financial decision.
On average, its 35% cheaper to buy than to rent, up from 33% last year.
In some areas, particularly in the south, its over 50% cheaper to buy.
They compared prices and rents for similar homes in the same neighborhood to get an apples-to-apples comparison.
Total homeownership costs include mortgage payments, taxes, closing costs, maintenance, and insurance.
Total renting costs include renters insurance and security deposit.
you’re free to look atthe full methodology PDF here.
Where HOA Fees Make Renting Cheaper Than Buying a Home| Trulia viaKeeping Current Matters
