At some parts of United States of America, buying a home is better than renting. Below is a simple infographic that gives you an idea or two where to rent and where to buy a brand new home.
Please do take note that the below infographic is made and statistics are taken from last year’s data (2012). It might changed a bit this year but still, it’s a good reference or visual guide for many.
Where Buying A House Is Most Affordable
1. Detroit, Michigan
2. Oklahoma City
Where Buying A House Is Lease Affordable (Where Houses For Rent Are Popular)
2. San Francisco
3. New York
4. Colorado Springs
Presented by: Home Insurance Blog