“Trulia Research released today its Summer 2012 Rent vs. Buy Report, which provides the inside scoop on whether buying a home is more affordable than renting in America’s 100 largest metropolitan areas. With a 3.5 percent mortgage, itemized deductions at the 25 percent federal tax bracket, and a seven-year time horizon, home ownership is cheaper than renting in all of the 100 largest U.S. metros by a wide margin.”
http://www.economicpolicyjournal.com/2012/09/its-now-cheaper-to-buy-rather-than-rent.html
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