Trulia has published a great analysis on this that really contradicts what the author claims: That you can get better homes for the same price by renting. http

Trulia has published a great analysis on this that really contradicts what the author claims: That you can get better homes for the same price by renting. http://trends.truliablog.com/2013/06/mortgage-rates-rent-vs-buy/ http://trends.truliablog.com/2013/06/mortgage-rates-rent-vs-... Moreover he claims you can get as nice of house in the same good neighborhood cheaper by renting. That's only true if you assume home prices will fall. Even if you just assume they will stay constant, backing out the principal you pay from your payment, the remainder most certainly does not buy a home of the same quality in area's I have a first hand knowledge of. Often homes that make it to the rental market are less desirable IME even if just because they are not cared for to the same standards.