Helpful Harvard Report: Which Is Better Now — Renting or Buying?
<p>It’s one of the fiercest-fought arguments in personal finance.</p>
<p>Is it better to rent or buy your home?</p>
<p>Here’s why I suspect we’ll never have a final, universally true answer:</p>
<ol>
<li>Housing costs vary from one year to the next (or even from one quarter to the next).</li>
<li>Housing costs vary from market to market (or even neighborhood to neighborhood).</li>
<li>What’s true for me may be completely wrong for you. Worse yet, what’s true for you now may be wrong for you next year (or even next month).</li>
</ol>
<p>There’s not much any of us can do to address the last of these issues.</p>
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