Do You Know The Cost of Renting vs. Buying?

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