Buy v. Rent/Good Time to Buy?


Posted on Friday, March 18, 2011

Deutsche Bank released a study showing that renting a home costs U.S. householdsmore than paying a mortgage for the first time in at least two decades. The rent-buyratio, or rent as a percentage of after-tax mortgage payments, is based on figuresthat Deutsche Bank compiled from NAR and the REIS information service. Rent amountedto 100.2% of home-loan costs in last year's fourth quarter, the highest level sincecalculations began in 1991.

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