Depending on how fast prices and rents rise and how long you stay in your home, you may be better off renting rather than buying a house. Factors that are part of the equation are the difference in monthly rent versus mortgage payment, home value appreciation, annual rent increases, the interest rate you will pay on your loan, your marginal tax rate and the yield you might receive on savings.
Use this calculator to find out if you should rent or buy a house.
