according to the National Association of Realtors (NAR). Once you fill in all available details, you can compare the cost of renting vs. buying on the chart. See if and when you’ll break even ...
In some metro areas, such as Detroit, Pittsburgh and Philadelphia, the gap between renting and buying is smaller, with a buy-to-rent ratio of only 2%. In other metro areas, like San Francisco ...
So how does that affect the calculus of renting versus buying? Owning a home has long been a central part of the “American Dream.” “For many Americans — especially middle- and lower ...