[quote=spdrun]Considering that buying is cheaper than renting most places these days, why is buying property so implausible, unless you’re looking for something in a trophy area where the buy-rent equation is f’ed?[/quote]
Based on the numbers we ran this time around, buying and renting aren’t that far off, especially with risk the Republicans may try to kill the mortgage tax deduction off. Renting is more expensive than buying only if you ignore maintenance costs. Buying might be marginally cheaper per month, but the difference isn’t some huge number.
