Thanks to nationwide price declines and rising rents, buying a home is now cheaper than renting one in 98 of the nation's 100 major metropolitan areas. The Midwest has most affordable markets.
The rent vs. buy index is based on a price-to-rent ratio of asking prices to asking rents for properties on Trulia.com between Dec. 1, 2011 and Feb. 29. 2012, after adjusting for property and neighborhood attributes, the site said.
Where is still more affordable to rent than buy??? San Francisco and Honolulu.
No comments:
Post a Comment