Buying a Home 25 Percent Cheaper Than Renting?

The other day we cited a report that Bay Area rentals are at an all-time high. Now Trulia’s Rent vs. Buy report states that the cost of buying a home is 23 percent less than renting in San Jose and 25 percent less in San Francisco!

This report compares the total cost of buying versus renting, including rent, mortgage payments, insurance, taxes, maintenance, closing costs, and other expenses.

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