The Renting/Owning Breakdown
Two trends we have been seeing in the market: rental prices are soaring and housing prices are declining. Many people predict it is moving more and more to a buyer’s market. In a recent study, 98 of 100 cities back up the theory that buying has the most advantages when compared to renting in the current market. Even better, the cities that are showing the boldest signs are those along the Rust Belt, the places that were hit hardest by the housing crisis.