How Much Cheaper is Owning than Renting?

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A new report from Trulia, Rent vs. Buy: Haunted by Prices, Not Rates, reveals that in the 100 largest American metros, buying a home remains more affordable than renting. Trulia reports that on a national basis, buying a home is 37.7 percent cheaper than renting. But just how significant is the financial advantage between buying a home and renting?

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