Owning a Home Is More Affordable Than Renting in Most Markets, Data Shows

Maurie Backman, The Motley Fool
·3 min read
Owning a Home Is More Affordable Than Renting in Most Markets, Data Shows

As long as your lease is effective, your monthly housing costs are easy to account for -- you write out your rent check and call it a day. When you own a home, there's the risk of extra maintenance, surprise repairs, and rising property taxes to add to your costs. If you're interested in lowering your housing costs, becoming a homeowner could be your ticket.