Which is More Affordable? Buying or Renting?
Want to know what Trulia has to say about the relative affordability of buying versus renting? Ilyce has the scoop on their bi-annual “Rent vs. Buy” report.
Trulia’s Housing Economist, Ralph McLaughlin is the guest for this edition of Big Money Real Estate. He talks about the findings in the report and what they could mean for real estate investors. Buying remains a cheaper option than renting across all the metro areas surveyed, but factoring in homeowners association fees can make the choice much less clear. Watch this episode for more details on the comparative benefits of renting, buying and investing in property.
For a link to the Trulia report, click here. And check out Ilyce’s Intentional Investor Series to learn everything you need to know to become a successful investor in real estate.