These days, the monthly cost of renting or buying a home is about the same. That one-to-one ratio is the lowest in 25 years. That's down from 2006, just before the housing market crashed, when the cost of owning was 46 percent higher than renting..
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Wednesday, June 8, 2011
Buy vs. Rent...
The Buy vs. Rent Ratio Over Time
These days, the monthly cost of renting or buying a home is about the same. That one-to-one ratio is the lowest in 25 years. That's down from 2006, just before the housing market crashed, when the cost of owning was 46 percent higher than renting..
These days, the monthly cost of renting or buying a home is about the same. That one-to-one ratio is the lowest in 25 years. That's down from 2006, just before the housing market crashed, when the cost of owning was 46 percent higher than renting..
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1 comment:
Well,the graph shows which you want to say.It's quite strange that buying
a home may take higher price than rent a home.Thanks for the information,it was very informative for me.Rent Vancouver
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