Buy vs. rent: These days, buying wins
- By Les ChristieMay 13, 2011: 8:37 AM ET
article from cnn money
How much better buying will be depends on location. Of the 23 cities Beracha and Johnson looked at, Seattle is the best place to buy right now. When renters invest in portfolios that include stocks, the appreciation rate required over the next eight years there is 4.84% and the area’s historical average is 6.06%.
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