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It's very interesting to see how different financial factors can change the rent vs. buy decision. Here's the full report in case anyone's interested: http://tr
by Daisy 14y ago
It's very interesting to see how different financial factors can change the rent vs. buy decision. Here's the full report in case anyone's interested: http://trends.truliablog.com/2012/09/rent-vs-buy-summer-2012/ http://trends.truliablog.com/2012/09/rent-vs-buy-summer-2012...
--Daisy (PR Manager at Trulia)
- DamnYuppie 14y agoThe big take away I got from this is that if you can qualify for a good mortgage and are actually going to stay for 5+ years it is almost universally cheaper to buy then rent. Even in the high priced towns like NYC, San Fran, and Boston.
- pc86 14y agoDaisy, does this take into account costs such as maintenance, home repairs, etc or is it strictly financial in terms of rent payment v. mortgage payment?
- malyk 14y agoIt says so in the footer on that page.