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It actually depends on location. Buy/Rent ratio is much higher in Bay Area and NYC than in Arizona/Texas/Florida/Kansas/... So in Bay Area it's generally bette

It actually depends on location. Buy/Rent ratio is much higher in Bay Area and NYC than in Arizona/Texas/Florida/Kansas/... So in Bay Area it's generally better to rent, while in mid-America it's better to own.

deadc0de 13y ago
Exactly. It's fairly entertaining to play with this model: http://www.nytimes.com/interactive/business/buy-rent-calculator.html?_r=2&#38 http://www.nytimes.com/interactive/business/buy-rent-calcula...; Basically almost anything in the bay area is not going to be profitable, in the south bay for sure.