Rent or Buy? The economics of housing.

All the 20-somethings who have jobs are asking me: should we buy a house or keep renting? The answer isn’t so easy. The common wisdom for decades was to buy a house as soon as you can, because it’s a great investment. That “wisdom” turned lots of people upside down in the past decade. Let’s take a cold, hard look at the economics of owning a home.

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