US Map: Rent vs. Buy
Posted By Barry Ritholtz On February 22, 2011 @ 8:30 am In Digital Media,Mathematics,Real Estate | Comments Disabled
By the time Case Shiller drops today at 9am, I will be very busy (lounging on the beach). Expections [1] are for the biggest drop in home prices a year.
In the meantime, you can check out this cool interactive Housing map, via Trulia [2]. As you click around in this map, keep in mind the 4 key factors that determine the advantages of Renting vs Buying: Home Prices, Rental Prices, Mortgage Interest Rates, and RE Taxes. We can also add Personal Income and Inflation as the 2 wild cards.
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click for interactive graphic
[2]
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Previously:
Cost of Ownership: Buy vs Rent [3] (June 2010)
NYT: The Housing Bear Case [4] (September 2010)
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2011/02/rent-vs-buy/
URLs in this post:
[1] Expections: http://www.bloomberg.com/news/2011-02-22/home-prices-in-u-s-probably-posted-biggest-decline-in-year.html
[2] Trulia: http://trulia.movity.com/rentvsbuy/
[3] Cost of Ownership: Buy vs Rent: http://www.ritholtz.com/blog/2010/06/cost-of-ownership-buy-vs-rent/
[4] NYT: The Housing Bear Case: http://www.ritholtz.com/blog/2010/09/nyt-the-housing-bear-case/
Click here to print.