You’re renting? You’re lucky…

According to a recent Redfin analysis, the monthly cost of homeownership in the Bay Area is twice as expensive for the same home. In San José the rate is 165%, San Francisco is 139% and Oakland is 99%. San José’s rate is the highest in the country.

Nationally, the rate is 25% with 19% of all properties being cheaper to buy than to rent.

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