Monday

ECONOMIX; A Word of Advice During a Housing Slump: Rent

April 11, 2007, Wednesday
Late Edition - Final, Section A, Page 1, Column 2, 1176 words



DISPLAYING ABSTRACT - Analysis of housing costs reveals that people who bought over last two years have paid more for their housing than renters; housing prices may not yet have fallen far enough for buying to look better than renting, except for people who plan to stay in a home for many years; realtors insist that now is time to buy, but skeptics point to extended slump in housing prices in 1990s, following last boom, and argue that buying has never been quite as beneficial as realtors and others who make money off home purchases would have you believes

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