Is it better to buy or rent? Whether renting is better than buying depends on many factors, including how fast prices rise and how long you will stay in your home. In today’s New York Times they compare the costs of buying and renting by using a interactive chart/calculator. In the example used by the NYT the conclusion was that buying is better than renting after 6 years.
What are your thoughts? I’m interested to hear what Boston renters think.