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Renting Beats Buying in Eight Major Markets

via GlobeSt.com

In Dallas, Denver, Houston, Kansas City and Seattle, consumers looking to build wealth are better off renting a property and reinvesting the money they would have spent on ownership, according to an analysis by professors at Florida Atlantic University and Florida International University.

That’s because the total monthly cost of home ownership in those areas is rising faster than monthly rents, the researchers said.

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