New Harvard Housing Study: It’s Now Cheaper to Own a Home than to Rent
The Joint Center for Housing Studies at Harvard University recently released its annual “ State of the Nation’s Housing ” study. The report noted a number of interesting trends, including the fact that the nation’s housing markets are showing definitive signs of a turnaround. But one of the things that really caught my attention was the fact that it’s now considerably cheaper to own a home than to rent the same home – something that was unheard of as recently as 2008.