Monday, May 23, 2016

Rent vs Buy...do you know the true cost?

Rent-vs.-Buy-STMhttp://goo.gl/wgulrQ

Some Highlights:

  • The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent.
  • Buying costs are significantly less than renting costs.
  • The percentage of income needed to afford a median priced home is less than the historic norm.

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