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There are a lot of factors — that math only works out if you're not planning on moving much and owning is cheaper than renting, which it often isn't. Plus we're
by akgerber 9y ago
There are a lot of factors — that math only works out if you're not planning on moving much and owning is cheaper than renting, which it often isn't. Plus we're at a pretty high point in the real estate cycle right now.
This is a classic:
https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html https://www.nytimes.com/interactive/2014/upshot/buy-rent-cal...
- secabeen 9y agoIf you want to dig into more complicated situations, I really like this one: https://michaelbluejay.com/house/rentvsbuy.html https://michaelbluejay.com/house/rentvsbuy.html It's much harder to find on Google today than it was 8 years ago.