Renting vs. Buying A Home
That is a good question and I have a great calculator that can show you which makes more sense taking into account your tax adjusted mortgage payment and appreciation (yeah, it’s been awhile since we heard that word).
Many people are seeing gap between the cost of buying and renting narrowing.
“For Americans debating whether to buy or rent their homes, the scales are tipping toward ownership. Because of the slide in home prices, low interest rates and tax incentives, renters are realizing they could handle a mortgage for a just little more money.”