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?