Buy a home or pay rent? Here's the decision people are facing as prices rise
WKMG | Buy a home or pay rent? Here's the decision people are facing as prices rise ...
According to a new Bankrate.com study, buying a home is more expensive than renting in all major U.S. cities.
The study shows the typical monthly mortgage of a median-priced home in the U.S. is $2,703, while the typical monthly rent is $1,979.
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