Renting vs Buying in OKC – The Cold, Hard Facts

It’s not uncommon to hear people debate these days on whether it’s still better to buy a home than to rent, so many will find this info interesting, maybe even eye-opening:

Despite recent price increases in many markets, it’s now cheaper to own a home than rent in all 100 of the largest U.S. metro areas, thanks to climbing rents and low mortgage rates and tax breaks for homeowners, according to a rent-vs.-buy report released today by real estate search site Trulia.

If that alone doesn’t surprise you, or make you think twice, take a look at this:

Yep, that’s right, Oklahoma City garners one of the best advantages in the country for homeowners over renters.

So, what are your thoughts? Is buying a home better than renting, or vice versa?