Do You Know The Cost of Renting vs. Buying?

    Rent-vs.-Buy-KCM

    Some Highlights:

    • Historically the Percentage of your income needed to afford a home vs. renting was a much closer margin. Making renting make sense.
    • Now… Renting will cost you 30.1% of your income compared to buying a median home at 15.3% of your income.
    • Either way you’re paying a mortgage… why not have it be yours?

    Source: The KCM Crew / Keeping Current Matters  05082015

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