Home buying could soon beat renting
By John W. Schoen, Senior Producer
Falling home prices have sent many would-be buyers to the sidelines. If all goes well, record low interest rates and rising rents may soon prompt some of them to take a second look at buying.
Unfortunately, that's a big "if," according to Paul Diggle, a housing economist at Capital Economics.Much of the decision to buy a house still depends on your personal finances and preferences, your career or family life, or level of financial security.
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