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The Cost of Renting vs. Buying in the US [INFOGRAPHIC]


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Some Highlights:



  • Historically, the choice between renting or buying a home has been a tough decision.

  • Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), the choice becomes obvious.

  • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!