California renters could save $112,000 vs. owning over 5 years
California renters could save $112,000 vs. owning over 5 years
“Numerology” tries to find reality within various measurements of economic and real estate trends.
Buzz: Renting in California, as costly as it is, is a far better deal today than being a homebuyer — an estimated savings of $112,000 over the next five years for the typical tenant vs. the new owners of a mid-priced residence.
Fuzzy math: Numerous reasons exist to own your home — even in today’s…
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