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Rent vs. buy? A look at the math and other factors
Rent vs. buy? A look at the math and other factors

It may be the biggest financial decision most of us ever make: Buy a house? Or keep renting? For a while in the wake of the housing crash, the answer was pretty clear: If you could swing it, buy now. But things have changed rapidly. Prices in Southern California have climbed by a third in two years. The post-crash bargain bin has been picked clean. Yet doubts linger about the health of the housing recovery, and the broader economy. That has a lot of would-be home buyers eyeing the market more carefully. They're weighing the new higher prices against interest rates still near record lows, deciding between the flexibility of renting and the potential long-term payoff of...

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