Saturday, February 1, 2014

Buy-rent shift will take a bite out of housing market


Any softness in the housing market has been explained away by the cold weather throughout the US. No one is going out in the cold to make major purchases, but a more interesting dynamic is the shift between buying and renting costs. It is now cheaper to rent. It does not seem to an issue that has been the focus of many. The recent Business Week chart is an exception.

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