Is renting or buying a better financial bet?

Is renting or buying a better financial bet?
Rent vs. Buy: Which is Cheaper for You? Every six months, Trulia’s chief economist Jed Kolko runs the numbers to answer that question and help you stay on top of the trends.  So what does Trulia’s Winter 2014 Rent vs. Buy Report tell us? Although the gap between renting and buying is narrowing across the U.S.,homeownership is still 38% cheaper than renting. Nationally,
rates would have to rise to 10.6% for #renting to be cheaper than buying – and
rates haven’t been that high since 1989. read more