9.30.2005

Is It Better to Buy or Rent? - New York Times

Is It Better to Buy or Rent? - New York Times: "Add it all up - which The New York Times did, in an analysis of the major costs and benefits of owning and renting, including tax breaks - and owning a home today is more expensive than renting in much of the Northeast, Florida and California. Only if prices rise well above their already lofty levels will home ownership turn out to be the good deal that it is widely assumed to be."

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