Article for US real estate company about buying vs renting
Can you afford to throw money away?
Mortgage interest rates have been bumping along the at lower limits of the scale for a long time now, but many people still believe it’s not financially viable to buy their own home. While rentals in most states continue to rise. This means that even if renters are determined to become home owners, the drain on their monthly income from their rent checks is making it impossible to save up enough money for a down payment.